The startup DeepSeek was founded in 2023 in Hangzhou, China and released its first AI large language model later that year.

Steve Sosnick of Interactive Brokers attributed the ‘sudden adverse market reaction’ to a ‘wave of complacency’ in the ...

Stock Market LIVE Updates | The extended trading week, caused by the Budget, began on a negative note, with the benchmark ...

LIVE: While initial cues showed a higher open for India, a global tech and AI-related selloff in stocks the previous day and ...

A company called DeepSeek said it had developed a large language model that can compete with U.S. AI giants but at a fraction ...

If you've come across the name DeepSeek and that little blue whale logo in your feed today and are wondering WTF is going on, you're not alone.

DeepSeek’s AI assistant became the No. 1 downloaded free app on Apple’s iPhone store Monday, propelled by curiosity about the ...

Worries about Western AI dominance permeated the markets, with Nvidia stock plunging 17% alongside other chipmakers, ...

Global investors dumped tech stocks amid the emergence of a low-cost Chinese AI model, leaving Nvidia with a record one-day ...

Wall Street's tech giants dragged US frontline indices on Monday after China's AI startup DeepSeek rattled Silicon Valley and ...

More AI competition will make it hard for Big Tech to generate the oligopoly-like profit margins that investors hope for.

On Monday, Nvidia suffered a loss of $589 billion, the largest in histore, driven by the rise of China's AI app DeepSeek on Apple's app store.