What is DeepSeek? Chinese AI competitor sends Nvidia and other tech stocks plummeting
In Amsterdam, Dutch chipmaking equipment company ASML slid 7%. In Tokyo, Japan’s Softbank Group Corp. lost 8.3% to pull closer to where it was before leaping on an announcement trumpeted by the White House that it was joining a partnership to invest up to $500 billion in AI infrastructure.
Shares of chipmaker Nvidia plunged Monday, for its worst day since the global market selloff in March 2020 that the ...
DeepSeek said it spent only $5.6 million developing its model—peanuts when compared with the billions U.S. tech giants have ...
The Chinese AI service has Wall Street worried that it will be cheaper than expected to develop models. But as chip stocks ...
Nvidia is the gold standard and leading provider of the graphics processing units (GPUs) used to train and run AI systems.
Tech stocks tumbled as Chinese AI startup DeepSeek's advances raised fears of intensified competition, shaking investor ...
6hon MSN
Investors dumped technology stocks in premarket trading Monday, sending U.S. indexes sharply lower after Chinese artificial ...
Barrett Woodside, co-founder of the San Francisco AI hardware company Positron, said he and his colleagues have been abuzz ...
Mitesh Agrawal is leaving Lambda Labs to head a little known AI hardware startup trying to take on Nvidia.
The startups and power producers that are betting big on new nuclear are vulnerable to an energy efficient AI model.
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