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DeepSeek sparks AI stock selloff
Tech stocks fall as China's DeepSeek sparks U.S. worries about the AI race
DeepSeek released an open-source artificial intelligence model in December, saying it took only two months and less than $6 million to create it.
Tech stock selloff deepens as DeepSeek triggers AI rethink
Japanese technology shares fell on Tuesday as a global market rout sparked by the emergence of a low-cost Chinese artificial intelligence model entered day two, with investors questioning the sky-high valuation and dominance of AI bellwethers.
China’s DeepSeek AI app sends U.S. tech stocks reeling
Silicon Valley and Washington leaders said the app shows China can challenge the U.S. The Nasdaq lost 3 percent and chipmaker Nvidia shed $589 billion in market capitalization.
1h
on MSN
Nvidia loses nearly $600 billion in market value after Chinese AI startup bursts onto scene
Shares of chipmaker Nvidia plunged Monday, for its worst day since the global market sell-off in March 2020 triggered by the ...
7h
on MSN
What is DeepSeek, and why is it causing Nvidia and other stocks to slump?
Chinese startup DeepSeek has debuted an AI app that challenges OpenAI's ChatGPT and other U.S. rivals, sending a shock ...
1h
Dow Jones Futures: AI Stocks Nvidia, Broadcom, Astera Crash On DeepSeek Fears
Dow Jones Futures: AI stock leaders Nvidia, Broadcom and Astera Labs all crashed on DeepSeek fears Monday. A new AI model ...
5h
on MSN
This Unstoppable Artificial Intelligence (AI) Stock Climbed 90% in 2024, and It’s Still a Buy at Today’s Price
Artificial intelligence (AI) was the driving force behind many of the stock market's biggest winners in 2024. As big tech ...
8h
Nvidia Stock May Fall As DeepSeek’s ‘Amazing’ AI Model Disrupts OpenAI
Barrett Woodside, co-founder of the San Francisco AI hardware company Positron, said he and his colleagues have been abuzz ...
5h
on MSN
Does DeepSeek spell doomsday for Nvidia and other AI stocks? Here’s what to know.
The Chinese AI service has Wall Street worried that it will be cheaper than expected to develop models. But as chip stocks ...
9h
on MSN
Intel's former CEO says the market is getting DeepSeek wrong after AI-chip-stock rout
The retired chip CEO claimed "the markets are getting it wrong" on Monday after investors triggered a sell-off in response to ...
9h
on MSN
Meet the hedge fund manager who founded DeepSeek, the Chinese AI startup that began as a hobby and is now laying waste to US stocks
After graduating from Zhejiang University, he cofounded the quantitative hedge fund High-Flyer in 2015 and incorporated AI in ...
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