A Chinese company called DeepSeek said it had developed a large language model that can compete with US giants at perhaps a ...
Nvidia, a US company known for producing the powerful chips used in AI, took the hardest hit. Its stock price dropped 17% in ...
DeepSeek’s claims that it cost mere millions to build fanned fears that the huge investments into AI by U.S. firms are ...
Nasdaq futures fell over by 5%, accompanied by a selloff in U.S. technology stocks, as concerns grew over a more ...
AI leader Nvidia sank 17%, and it erased about $593 billion in stock market value, the deepest ever one-day loss for a ...
Indian benchmark indices Nifty 50 and Sensex ended the previous trade session lower. Nifty 50 closed at 22,829.15, while ...
AI, tech stocks tumble. Di Pilla’s DigiCo drops 13pc. Fortescue snaps up Red Hawk. Newmont offloads gold mine. Bitcoin plunges.
Silicon Valley and Washington leaders said the app shows China can challenge the U.S. The Nasdaq lost 3 percent and chipmaker ...
The introduction of a Chinese chatbot on Monday knocked $1 trillion off the top US tech index, igniting the fight for ...
Chinese startup DeepSeek launched a free AI assistant that it says uses less data at a fraction of the cost of incumbent ...
A selloff was triggered after a cheap AI model from Chinese startup DeepSeek climbed to the top of Apple’s appstore, sparking ...