Nvidia shares sink as Chinese AI app spooks markets
US tech giant Nvidia lost over a sixth of its value after the surging popularity of a Chinese artificial intelligence (AI) app spooked investors in the US and Europe. DeepSeek, a Chinese AI chatbot reportedly made at a fraction of the cost of its rivals, launched last week but has already become the the most downloaded free app in the US.
Pelosi's stock trading is once again under scrutiny after a recent sale of NVIDIA weeks ahead of a significant drop.
By Sinéad Carew, Amanda Cooper, Ankur Banerjee NEW YORK/LONDON/SINGAPORE (Reuters) -Global investors dumped tech stocks on ...
Chinese startup DeepSeek has debuted an AI app that challenges OpenAI's ChatGPT and other U.S. rivals, sending a shock ...
The tech industry has had an insatiable appetite for Nvidia’s chips over the last two years. But the feast may be over sooner ...
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Rivaling Huang’s drop Monday was a $29.4 billion loss for Oracle chairman Larry Ellison, as Oracle stock tanked 15% — Ellison ...
DeepSeek was created by a top Chinese quantitative trading firm. It’s not unusual for Wall Street quant luminaries to try ...
Nvidia Corp., the biggest provider of chips used to train artificial intelligence software, said a new model released by ...
DeepSeek stunned the tech world with the release of its R1 "reasoning" model, matching or exceeding OpenAI's reasoning model ...
In a matter of days, DeepSeek proved to be so popular as to climb to the top of Apple's App Store, surpassing OpenAI's ...
A Nvidia, maior fornecedora de chips usados para treinar software de inteligência artificial, disse que o novo modelo lançado ...
DeepSeek's claims that it cost mere millions to build fanned fears that the huge investments into AI by U.S. firms are ...
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