After a market-wide panic over AI start-up DeepSeek, CNBC's Jim Cramer reflected on what the new player's entrance into the arena means for Big Tech.
Apple emerges as a “relative winner” as DeepSeek shifted investor narratives on AI, wrote Morgan Stanley analysts led by Brian Nowak in a Tuesday note to clients, explaining Apple’s “AI ambitions are far more contained” than the other “magnificent seven” American tech leaders.
US chip giant Nvidia and its CEO Jensen Huang are set for a record wipeout on Monday after Chinese startup DeepSeek upended the tech sector with its advanced new artificial intelligence model.
After a Chinese AI app suddenly overtook the competition from OpenAI at the weekend, the AI sector had a dark day on the stock market.
Owing to US tech stocks crash, billionaires like Nvidias Jensen Huang and Oracles Larry Ellison lost more than $20 billion wealth in a single-day. Popularity of DeepSeek resulted in a frenzy selling in US tech stocks,
Shares for leading US chip firm Nvidia dropped by almost 17% on Monday after the emergence of DeepSeek stunned Silicon Valley.
A company called DeepSeek said it had developed a large language model that can compete with U.S. AI giants but at a fraction of the cost.
The surprise success of China’s AI startup, DeepSeek, led to tech stocks being hammered in the US market. Nvidia, the leading supplier of AI chips, was largely impacted; its shares plunged 17 per cent,
Yes, that's the name of a 1994 Roland Emmerich movie. It's now a big infrastructure project to help power tech giants' foray into AI.
DeepSeek threatens to disrupt the AI sector in a similar fashion to the way Chinese companies have already upended industries such as EVs and mining.
The world’s 500 richest people, led by Nvidia co-founder Jensen Huang, lost a combined $US108 billion ($172 billion) on Monday as a tech-led selloff tied to Chinese AI developer DeepSeek sent major indices plunging.