The S&P 500 dropped 1.7 per cent, and the Nasdaq 100 slipped 3.1 per cent. With big tech stocks crashing, US stocks were set ...
Wall Street is tumbling Monday on fears that the market's winners who have feasted on the AI frenzy are under threat from a ...
The recent AI advances by Chinese upstart DeepSeek could be the beginning of a potential nightmare scenario that Nvidia Corp. Chief Executive Jensen Huang has been worrying about since the chip ...
A company called DeepSeek said it had developed a large language model that can compete with U.S. AI giants but at a fraction ...
DeepSeek’s AI assistant became the No. 1 downloaded free app on Apple’s iPhone store Monday, propelled by curiosity about the ...
Global investors dumped tech stocks amid the emergence of a low-cost Chinese AI model, leaving Nvidia with a record one-day ...
More AI competition will make it hard for Big Tech to generate the oligopoly-like profit margins that investors hope for.
Super Micro Computer (NASDAQ: SMCI) stock got hit hard with sell-offs in Monday's trading. The server specialist's share price ended the day down 12.5% amid a 1.8% decline for the S&P 500 index and a ...
The S&P 500 fell 1.5% on Monday, Jan. 27, as a Chinese startup's cost-efficient and high-performing AI model sent shockwaves ...
Chinese AI model DeepSeek has stolen the tech world spotlight—and unofficial Solana and Ethereum tokens are popping up to ...
Last week, DeepSeek launched a free AI assistant that it says uses less data at a fraction of the cost of incumbent services.
Wall Street’s superstars are tumbling as a competitor from China threatens to upend the artificial-intelligence frenzy ...