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Chinese AI startup DeepSeek has launched large language models that rival those of Meta and OpenAI at a lower cost. Its ...
Dow, S&P 500 and Nasdaq futures are also dropping Thursday as tech stocks fall amid fears over China's DeepSeek AI.
Technology stocks such as Tokyo Electron, SoftBank Group, Advantest and Fujikura plunged 5-11 percent amid DeepSeek's emergence as a disruptive force in the AI landscape.
Europe's technology sector led the pan-European STOXX 600 index lower, down 0.7%, while the blue-chip Euro STOXX 50 dropped 1.4% in early European trading ...