DeepSeek claims it took two months and less than $6 million to build its R1 AI model. President Donald Trump called the news a wakeup call for Silicon
Shares in Nvidia, the leading US AI firm, dropped by 17 percent yesterday, the biggest one-day loss to the market capitalisation of a company in history, after the announcement by Chinese firm DeepSee
Big technology stocks including Nvidia, Microsoft, Meta and Tesla tumbled in premarket trading on concerns that a Chinese artificial intelligence startup could threaten America’s dominance in AI. Shares of Nvidia plunged nearly 12% on news reports about the capabilities of DeepSeek — a China-based startup which has made waves in the industry after launching a free,
Wall Street and Silicon Valley were in a tailspin on Monday due to the stunning rise of DeepSeek – a Chinese artificial intelligence startup that claims to have developed an advanced model at a
Chinese startup DeepSeek has debuted an AI app that challenges OpenAI's ChatGPT and other U.S. rivals, sending a shock through Wall Street.
If the most sought-after AI chips aren't as vital as previously thought, an entire ecosystem built around massive AI investment could be in jeopardy.
The new AI model from China's DeepSeek performs on a level with leading US models without requiring as much computing power – but despite a huge drop in their stock, it's not game over for US tech com
The success of a mysterious Chinese lab has investors questioning the AI spending boom that has swept through Silicon Valley.
DeepSeek R1, the surprisingly efficient and powerful Chinese AI model, has taken the technology industry by storm and is rattling nerves on Wall Street.
China has astonished the artificial intelligence community with a new model that runs at the fraction of the cost of American “frontier” models. DeepSeek is almost as good too and it has published the source code,
Major AI players, including Nvidia, Meta, Microsoft, and Alphabet, saw significant losses, with Nvidia shedding over 11% and losing $400 billion in market value. Analysts highlighted China’s growing challenge to US tech dominance.
Broadcom stock is struggling for direction Tuesday after the chipmaker fell sharply Monday following the release of DeepSeek, a cheap AI chatbot.