Wall Street is tumbling Monday on fears that the market's winners who have feasted on the AI frenzy are under threat from a ...
Nvidia's market value dropped more than $500bn after the emergence of DeepSeek - a low-cost chatbot built by a Chinese AI firm.
By Sinéad Carew, Amanda Cooper, Ankur Banerjee NEW YORK/LONDON/SINGAPORE (Reuters) -Global investors dumped tech stocks on ...
China’s AI startup DeepSeek triggered a tech sell-off today as investors panicked over fears of a cheaper open-source model.
Nvidia Corp. shares erased $593 billion off of their market capitalization on Monday, the biggest daily loss in the history of the U.S. market, according to Dow Jones Market Data. One man was mostly ...
NEW YORK, January 28. /TASS/. The Nasdaq index, which includes shares of leading technology giants on the New York Stock Exchange, fell by more than 3% amid the success of the Chinese chatbot DeepSeek ...
Nvidia, for its part, called DeepSeek "an excellent AI advancement," while saying it represented "a perfect example of test-time scaling," which means more computation is done during the inferencing ...
Silicon Valley and Washington leaders said the app shows China can challenge the U.S. The Nasdaq lost 3 percent and chipmaker ...
In Amsterdam, Dutch chipmaking equipment company ASML slid 7%. In Tokyo, Japan’s Softbank Group Corp. lost 8.3% to pull ...
A tech sell-off on Monday saw more than $1 trillion in value erased over concerns over China's DeepSeek AI app.
Chinese startup DeepSeek has debuted an AI app that challenges OpenAI's ChatGPT and other U.S. rivals, sending a shock ...