The tech industry's reaction to AI model DeepSeek R1 has been wild. Pat Gelsinger, for instance, is elated and thinks it will ...
Global investors dumped tech stocks amid the emergence of a low-cost Chinese AI model, leaving Nvidia with a record one-day ...
US President Donald Trump calls the Chinese AI app DeepSeek a positive development and a wake-up call for American industries ...
Nasdaq futures fell over by 5%, accompanied by a selloff in U.S. technology stocks, as concerns grew over a more ...
The US president put a positive spin on the success of the Chinese AI software that sent US tech stocks into a tailspin.
Markets have been on a tear for a while and are probably due a pullback. But, DeepSeek doesn’t seem to be an AI boom-ending event.
He told CNBC: "My understanding is that Deepseek has about 50,000 H100s, which they can't talk about obviously because it is ...
NEW YORK – The world’s 500 richest people, led by Nvidia co-founder Jensen Huang, lost a combined US$108 billion (S$145 ...
More AI competition will make it hard for Big Tech to generate the oligopoly-like profit margins that investors hope for.
The introduction of a Chinese chatbot on Monday knocked $1 trillion off the top US tech index, igniting the fight for ...
News from China upset U.S. markets Monday and disrupted the frenzy that had built up around artificial intelligence.