Latest in Chinese AI startup DeepSeek sends U.S. stocks tumbling
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Nvidia Stock Price Colossally Crashes After New DeepSeek AI Model Emerges
Nvidia remains one of the world's largest companies by market cap, but the chip-maker is having a tough day on the stock market today. The company's share price slid by nearly 17% today, wiping out ...GameSpot - 3d -
DeepSeek defies America’s AI supremacy
A Chinese advance tests the assumptions behind lofty US tech valuationsFinancial Times - 3d -
What to Know About China's DeepSeek AI
The Chinese upstart says it has trained high-performing AI models cheaply, without using the most advanced chips.The Wall Street Journal - 3d -
Chinese AI DeepSeek jolts Silicon Valley, giving the AI race its 'Sputnik moment'
A small lab in China has shaken Silicon Valley.NBC News - 3d -
What Is DeepSeek and Why Is It Disrupting the AI Sector?
DeepSeek is a powerful new rival to American artificial intelligence heavyweights like OpenAI and Meta. Here’s what to know about its surge.Inc. - 3d -
Chinese AI App DeepSeek Soars in Popularity, Startling Rivals
The company said Monday it was temporarily limiting new sign-ups due to “large-scale malicious attacks” on its services.Wired - 3d -
Nvidia, Microsoft shares tumble amid rise of China-based AI DeepSeek
DeepSeek chatbot tops Apple's app-store charts.ABC News - 3d -
Chinese AI startup DeepSeek sends U.S. stocks tumbling
Chinese artificial intelligence company DeepSeek is sending shockwaves through Wall Street. CBS News MoneyWatch correspondent Kelly O'Grady has the details on that and the latest on TikTok.CBS News - 3d -
How Chinese A.I. Start-Up DeepSeek Is Competing With OpenAI and Google
The company built a cheaper, competitive chatbot with fewer high-end computer chips than U.S. behemoths like Google and OpenAI, showing the limits of chip export control.The New York Times - 3d -
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 - 3d -
DeepSeek Is Fueling a Stock Market Reckoning
Wall Street is panicking as China seems to have created a real competitor to OpenAI’s ChatGPT for cheap.Inc. - 3d -
DeepSeek changes rules of AI’s great game
Chinese start-up’s breakthrough may be bad news for US tech giants, but could be a windfall for everyone elseFinancial Times - 3d -
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 - 3d -
Here's what Jim Cramer tells investors to do with Nvidia as shares tumble on DeepSeek AI fears
AI chip king Nvidia is tumbling on the emergence of Chinese AI startup DeepSeek.CNBC - 3d -
What is DeepSeek, the AI model taking the internet by storm?
Chinese artificial intelligence (AI) startup DeepSeek is stirring up anxiety in Silicon Valley after launching a new AI model that appears to rival leading AI ventures in the U.S. for a fraction of ...The Hill - 3d -
Reid Hoffman Raises $24.6 Million for AI Cancer-Research Startup
The LinkedIn co-founder is starting Manas AI with “The Emperor of All Maladies” author Siddhartha Mukherjee.The Wall Street Journal - 3d -
Global technology shares tumble, spooked by China’s DeepSeek AI app – business live
Nasdaq futures tumble after Chinese lab DeepSeek rolls out free AI app in threat to US dominance. Here is the full story on Good Energy . Morgan Stanley has cut its forecast for UK growth this ...The Guardian - 3d -
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 - 3d -
How Chinese AI Startup DeepSeek Made a Model that Rivals OpenAI
When Chinese quant hedge fund founder Liang Wenfeng went into AI research, he took 10,000 Nvidia chips and assembled a team of young, ambitious talent. Two years later, DeepSeek exploded on the scene.Wired - 5d -
How small Chinese AI start-up DeepSeek shocked Silicon Valley
Hedge fund billionaire Liang Wenfeng builds model on tight budget despite US attempt to halt China’s high-tech ambitionsFinancial Times - 5d -
Why Boeing’s stock isn’t tumbling, even after an ‘eye-watering’ loss warning
The size of the loss Boeing warned of may have been unexpected, but it wasn’t a shock to Wall Street.MarketWatch - 6d -
How China’s new AI model DeepSeek is threatening U.S. dominance
An AI lab out of China has ignited panic in Silicon Valley after releasing impressive AI models more cheaply and with less-powerful chips than U.S. AI giants.CNBC - 6d -
Why everyone in AI is freaking out about DeepSeek
DeepSeek has a free website and mobile app even for U.S. users with an R1-powered chatbot interface similar to OpenAI's ChatGPT.VentureBeat - 6d -
Scale AI CEO says China has quickly caught the U.S. with the DeepSeek open-source model
Alexandr Wang, CEO of Scale AI, said Thursday that the AI race between the U.S. and China is an "AI war."CNBC - Jan. 23 -
Beijing tells insurers to buy more Chinese stocks
Equities rally as authorities set explicit investment targets for mutual funds and state-owned insurance companiesFinancial Times - Jan. 23 -
U.S.-China Rivalry Could Boost Space Startup Funding
After commercial space startups pulled in $8.6 billion in 2024, more venture capital firms are likely to make investments in new companies as Sino-Amercian tensions go orbital.Inc. - Jan. 15 -
People bought cheaper jewelry as holiday gifts, and Signet’s stock is tumbling
Kay Jewelers, Zales parent cut its sales outlook as more customers bought discounted jewelry for Christmas than expected.MarketWatch - Jan. 14 -
Moderna’s stock tumbles to post-COVID lows after revenue outlook disappoints
Moderna’s stock tumbles after a disappointing outlook for revenue and the need to accelerate its cost-cutting plan.MarketWatch - Jan. 13 -
California wildfires send power company Edison International’s stock falling
The company will likely face questions over whether any of its power lines may have contributed to the fires. No officials have made any statements on this issue.MarketWatch - Jan. 10 -
Chinese developer Sunac’s shares tumble 26% after liquidation petition
Real estate company reveals winding-up request filed in Hong KongFinancial Times - Jan. 10 -
AI Startup Anthropic Plans to Raise $2 Billion at a $60 Billion Valuation
The new funding round, led by Lightspeed Venture Partners, sees the company at more than triple its 2024 valuation of $18 million.Inc. - Jan. 8 -
European wind stocks tumble after Trump says he will stop new turbine construction
The president-elect went on a lengthy attack against wind turbines during a news conference.CNBC - Jan. 8 -
AI Startup Anthropic Raising Funds Valuing It at $60 Billion
The Amazon-backed OpenAI rival was valued at $18 billion last year.The Wall Street Journal - Jan. 7 -
US stocks slide as strong data sends Treasury yields higher
Investors bet Fed likely to lower interest rates just once this year after better than expected jobs and services figuresFinancial Times - Jan. 7 -
U.S. Adds Tencent to Chinese Military Companies Blacklist
Tencent’s shares plunged nearly 10 percent after it was designated a military company. The Chinese battery manufacturer CATL was also added to the list.The New York Times - Jan. 7 -
British AI startup with government ties is developing tech for military drones
Exclusive: Concerns raised over role of Faculty AI, which has worked with NHS and government safety body. A company that has worked closely with the UK government on artificial intelligence safety, ...The Guardian - Jan. 7 -
Surgeon general's warning sends alcohol stocks sliding
Spirit companies saw stock prices plummet Friday after the U.S. surgeon general recommended cancer warning labels, similar to those found on tobacco products, be added to alcohol. Boston Beer ...The Hill - Jan. 4 -
U.S. Steel stock tumbles to almost half of what Nippon Steel offered after Biden rejection
Investors were betting on a grim future for U.S. Steel after President Joe Biden used his legal authority to block the acquisition by Nippon Steel of Japan on Friday.MarketWatch - Jan. 3