A shocking Chinese AI advancement called DeepSeek is sending US stocks plunging
US stocks dropped sharply Monday — and chipmaker Nvidia lost nearly $600 billion in market value — after a surprise advancement from a Chinese artificial intelligence company, DeepSeek, threatened the aura of invincibility surrounding America’s technology industry.
What is DeepSeek, the Chinese AI startup shaking up tech stocks and spooking investors?
Chinese tech startup DeepSeek released a model of its AI service that seemingly is on-par with U.S.-based competitors like ChatGPT, but required far-less computing power.
DeepSeek: all the news about the startup that’s shaking up AI stocks
DeepSeek’s ChatGPT competitor quickly soared to the top of the App Store, and the company is disrupting financial markets, with shares of Nvidia dipping 17 percent to cut nearly $600 billion from its market cap on January 27th, which CNBC said is the biggest single-day drop in US history.
Chinese startup Deepseek has shaken up the AI world. What we know
DeepSeek, a Hangzhou-based startup founded in 2023, shot to the top of Apple’s App Store free app chart after releasing a new open-source AI model it says rivals OpenAI's work. Its website was hit by outages amid a spike in interest.
DeepSeek Has Rattled the AI Industry. Here's a Quick Look at Other Chinese AI Models
The Chinese artificial intelligence firm DeepSeek has rattled markets with claims its latest AI model performs on a par with those of OpenAI, despite using less advanced, more energy efficient compute
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 ...
What is DeepSeek, the Chinese AI company upending the stock market?
A frenzy over an artificial intelligence chatbot made by Chinese tech startup DeepSeek was upending stock markets Monday and ...
How DeepSeek’s AI Model Impacts AVGO Stock?
Broadcom’s business relies heavily on their networking products, which are crucial for data transfer in AI systems. If the ...
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Q&A: What Is DeepSeek, the Bargain AI Roiling the Stock Market?
A Chinese company’s cut-rate computing solution has upended the tech world, with companies, investors and even the U.S.
What to Know About DeepSeek, the Chinese AI Company Causing Stock Market Chaos
Some AI researchers hailed DeepSeek’s R1 as a breakthrough on the same level as DeepMind’s AlphaZero, a 2017 model that ...
DeepSeek sparks AI stock selloff; Nvidia posts record market-cap loss
Global investors are worried the emergence of a low-cost Chinese AI model will threaten the dominance of AI leaders.
DeepSeek Rattles Tech Stocks: Chinese Startup’s Rise Against OpenAI Challenges U.S. AI Lead
Chinese startup DeepSeek’s app has climbed to the top of the iPhone charts as its newest AI assistant showed competitive ...
Chinese AI DeepSeek’s rout of tech stocks may benefit mortgage rates
The tech-heavy Nasdaq composite closed down nearly 3% on Monday, with shares of AI-focused chipmaker Nvidia plunging 17% and ...
Why Apple Stock Dodged the DeepSeek AI Rout
Shares of Apple charged higher on Monday, bucking the trend as its large-cap tech peers tumbled on concerns about ...
DeepSeek Panic Live Updates: Nvidia Stock Drops 4%—As Trump Reportedly Mulls China Chip Sale Restrictions
Nvidia shares' 9% recovery Tuesday was the second-best day in terms of market cap added for any company ever—but the company ...