Tech stocks slump as China’s DeepSeek stokes fears over AI spending
Nvidia loses almost $600bn in market value on worries US groups are facing a ‘Sputnik moment’
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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 - 1d -
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 - 2d -
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 - 2d -
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 - 2d -
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 - 2d -
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 - 2d -
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 - 2d -
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 - 2d
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