Tech stocks slump as China’s DeepSeek stokes fears over AI spending

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  DeepSeek unleashes ‘Janus Pro 7B’ vision model amidst AI stock bloodbath, igniting fresh fears of Chinese tech dominance

  DeepSeek's Janus Pro 7B vision AI model launch sends shockwaves through markets, triggering US tech stock sell-off and intensifying competition with Silicon Valley giants like OpenAI and Nvidia.
  
  VentureBeat - 1d
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  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.
  
  NBC News - 4h
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  U.S. Stocks Sink Amid Fears Over DeepSeek and Chinese A.I. Advancements

  Stiffer competition for the tech giants at the forefront of the artificial intelligence boom prompted investors to reassess the companies’ sky-high valuations.
  
  The New York Times - 1d

• Nvidia drops 17% as China's cheaper AI model DeepSeek sparks global tech sell-off

  DeepSeek launched a free, open-source large language model in late December, claiming it was developed in just two months at a cost of under $6 million.
  
  CNBC - 1d

• Our health-care stocks keep on climbing as DeepSeek fears pressure most of our AI names

  Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
  
  CNBC - 1d
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  Tech stocks fall as China's DeepSeek sparks U.S. worries about the AI race

  Tech stocks plunged Monday morning, as fears mounted that Chinese artificial intelligence firm DeepSeek leapfrogged U.S. dominance in AI development.
  
  NBC News - 1d
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  Tech stocks drop amid rise of China's DeepSeek AI model

  Shares in major technology companies leading the artificial intelligence (AI) race took a tumble Monday morning amid investor concern about a new Chinese AI model with growing popularity.  Nvidia, ...
  
  The Hill - 1d

• Japan chip stocks fall as DeepSeek's challenge to U.S. AI dominance raises worries for Asian tech firms

  Japan's chip-related stocks fall as DeepSeek gained momentum, raising concerns about a challenge to America's global leadership in artificial intelligence.
  
  CNBC - 1d

More from Financial Times

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  Santander’s UK chair William Vereker resigns after rift with Ana Botín

  Exit comes as Spanish group reviews UK operations
  
  Financial Times - 6h
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  HSBC to exit parts of investment banking business in UK, US and Europe

  Lender to wind down in businesses where it has struggled to compete with rivals
  
  Financial Times - 11h
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  We will have to learn to live with machines that can think

  The impact of artificial intelligence on productivity could be epoch-making
  
  Financial Times - 5h
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  Trump faces bipartisan backlash to federal freeze on grants and loans

  White House forced to issue clarifying information amid botched effort to slash critical programmes
  
  Financial Times - 3h
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  Steve Cohen still ‘bullish’ on AI after big sell-off

  Point72 founder says drop that wiped almost $600bn from Nvidia shares was prompted by misinformation
  
  Financial Times - 1h

More in Business

• Mystery around top-ranked Rockefeller book grows as university publisher denies involvement

  The book is ranked No. 22 on Amazon's list of best-selling economic history books, yet it's filled with factual errors.
  
  CNBC - 10m

• JetBlue’s stock plunges as revenue outlook disappoints. Capacity is in the spotlight.

  JetBlue’s fourth-quarter results beat expectations, but the outlook for a key revenue metric was below forecasts.
  
  MarketWatch - 15m

• Starbucks earnings top estimates, but same-store sales decline for fourth straight quarter

  Starbucks said its same-store sales fell 4%, fueled by a 6% decline in visits to its stores.
  
  CNBC - 15m

• Trump administration offering buyouts to nearly all federal workers

  The Trump administration is offering millions of federal workers the option to accept buyouts through a government-wide "deferred resignation" program.
  
  CNBC - 20m
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  Trump Fired E.E.O.C. Commissioners in Late-Night Purge

  The removals of the commissioners, along with the general counsel, was part of a whirlwind of actions since Mr. Trump took office, with many aiming to gut diversity policies.
  
  The New York Times - 26m