DeepSeek spells crisis for American AI companies, starting with Nvidia’s $500 billion landslide
DeepSeek said it spent only $5.6 million developing its model—peanuts when compared with the billions U.S. tech giants have poured into AI.
Does DeepSeek spell doomsday for Nvidia and other AI stocks? Here’s what to know.
The Chinese AI service has Wall Street worried that it will be cheaper than expected to develop models. But as chip stocks sink, some analysts see a silver lining.
Nvidia plunges 18% and tech stocks slide as China's DeepSeek spooks investors
DeepSeek topped the Apple App Store chart and sparked fears the Chinese company was quickly catching up with OpenAI's ChatGPT while costing far less.
Nvidia Stock May Fall As DeepSeek’s ‘Amazing’ AI Model Disrupts OpenAI
Barrett Woodside, co-founder of the San Francisco AI hardware company Positron, said he and his colleagues have been abuzz about DeepSeek.
China’s DeepSeek Tops iPhone Downloads and Spurs Asia Stocks
Chinese startup DeepSeek’s eponymous AI assistant rocketed to the top of Apple Inc.’s iPhone download charts, stirring doubts in Silicon Valley about the strength of America’s lead in AI.
Why China Startup DeepSeek Could Spell Trouble For Nvidia, AI Stocks
China's DeepSeek is roiling AI stocks as Wall Street mulls demand for Nvidia chips and huge capital spending by tech industry giants.
'DeepSeek a wake-up call for US': China's AI startup sets Silicon Valley atwitter
DeepSeek’s ability to dramatically reduce inference costs ruffled feathers in the industry. Perplexity AI CEO Aravind Srinivas commented on its V3 model: "DeepSeek has effectively replicated O1-mini and made it open-source.
NVIDIA stock slides as AI-related capex faces questions post China's DeepSeek launch
DeepSeek R1 is a large-language model that is seen as rival to ChatGPT and Meta while using a fraction of their budgets.
Nvidia loses more than $500B in market value after Chinese AI startup bursts onto scene
Shares of chipmaker Nvidia plunged Monday, for its worst day since the global market selloff in March 2020 that the ...
Nvidia drops 15% as Chinese AI startup DeepSeek spurs brutal rout of tech stocks
The shocking success of a new model from a mysterious Chinese lab has America questioning its leadership of the sector.
China’s DeepSeek AI is hitting Nvidia where it hurts
A chatbot made by Chinese artificial intelligence startup DeepSeek has rocketed to the top of Apple’s App Store charts in the ...
US stock futures sink as investors weigh China challenge to US dominance in AI. Nvidia drops 12%
Investors dumped technology stocks in premarket trading Monday, sending U.S. indexes sharply lower after Chinese artificial ...
Stock Market Updates: Nvidia, Meta Microsoft Hit by Fears Over Chinese AI Rivals
Tech stocks tumbled as Chinese AI startup DeepSeek's advances raised fears of intensified competition, shaking investor ...
Lambda Labs' COO has left the AI cloud provider to head Positron, a startup trying to compete with Nvidia
Mitesh Agrawal is leaving Lambda Labs to head a little known AI hardware startup trying to take on Nvidia.
Stock Market Today: Dow Jones Dips As Nvidia Plunges On China AI Move; Microsoft, Alphabet Skid
The Dow Jones held up best out of major indexes on the stock market today. Nvidia plunged due to concerns of China AI firm ...
Nvidia, Microsoft shares tumble as China-based AI app DeepSeek hammers tech giants
The emergence of China-based AI app DeepSeek sent shares plummeting on Monday for many U.S. tech giants, including chipmaker Nvidia and AI-backer Microsoft.
Nvidia shares fall 12% as Chinese AI startup DeepSeek triggers panic selloff on Wall Street
DeepSeek was reportedly developed in just two months at a cost of under $6 million — a stark contrast to the billions ...