Nvidia loses nearly $600 billion in market value after Chinese AI startup bursts onto scene

93% of IT leaders see value in AI agents but struggle to deliver, Salesforce finds

AI agents are set to transform enterprise. But when will they really come to the fore? Salesforce and Mulesoft says this will be the year.

VentureBeat - 1d

Apple, Meta, Nvidia and OpenAI: Who Wins and Loses the DeepSeek Scramble?

The sudden popularity of the Chinese chatbot drove a huge plunge in shares of Nvidia. But other A.I. powerhouses rallied. Here’s why.

The New York Times - 2d

Chinese tech startup DeepSeek says it was hit with 'large-scale malicious attacks'

Chinese tech startup DeepSeek said it was hit by a cyber attack on Monday that disrupted users’ ability to register on the site

ABC News - 2d

Meta sticks with big bet on AI even after DeepSeek shook markets

Chief Mark Zuckerberg says group will plough ‘hundreds of billions’ into artificial intelligence

Financial Times - 15h

The stock market ‘is telling us that cheap, open-source AI is a good thing’ after DeepSeek rout

Investors aren’t ignoring the upsides of cheaper AI models despite Monday’s DeepSeek-inspired stock-market panic.

MarketWatch - 1d

What will Washington do about Chinese startup DeepSeek and its AI chatbot?

As the TikTok ban hangs in the air, the US investigates the security implications of another mega-popular Chinese app. Who is behind DeepSeek and how did it achieve its AI ‘Sputnik moment’? ...

The Guardian - 1d

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

The stock market is always terrible at valuing technology revolutions

Investors’ surprise over Chinese AI chatbot DeepSeek echoes the belief in first-mover advantage of the dotcom bubble. Explainer: what is DeepSeek and why did US tech stocks fall? James Vincent ...

The Guardian - 1d

Nvidia rises 6% in Tuesday bounce following largest market value loss in history

The chipmaker plunged 17% on Monday.

CNBC - 1d

Why Nvidia investors are spooked by Chinese AI upstart

Short sellers profit as US chipmaker loses nearly $600bn in market value on Monday

Financial Times - 2d

‘Sputnik moment’: $1tn wiped off US stocks after Chinese firm unveils AI chatbot

Trump calls emergence of DeepSeek a ‘wake-up call’ amid doubts about sustainability of western artificial intelligence boom. What is DeepSeek and why did US tech stocks fall? DeepSeek hit ...

The Guardian - 2d

Nvidia shares sink as Chinese AI app spooks markets

Share prices in US and European firms fall as the Chinese technology threatens to disrupt the AI industry.

BBC News - 2d

This man wiped $600 billion off Nvidia’s valuation by marrying quant trading with AI

DeepSeek was created by a top Chinese quantitative trading firm. It’s not unusual for Wall Street quant luminaries to try their hand at tech.

MarketWatch - 2d

Nvidia sheds almost $600 billion in market cap, biggest one-day loss in U.S. history

Nvidia shares plunged 17% on Monday, resulting in a market cap loss of close to $600 billion, the biggest drop ever for a U.S. company.

CNBC - 2d

Nvidia loses nearly $600 billion in market value after Chinese AI startup bursts onto scene

Shares of chipmaker Nvidia plunged Monday, for its worst day since the global market sell-off in March 2020 triggered by the coronavirus pandemic.

NBC News - 2d

DeepSeek rattles Wall Street. What the Chinese startup means for Nvidia, Meta and the rest of our AI stocks

We explore DeepSeek's wide-ranging implications for our investment portfolio.

CNBC - 2d

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 - 2d

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 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

Meta nearly doubling spending with eye toward AI

Meta CEO Mark Zuckerberg announced Friday the social media company will nearly double its spending this year as it focuses on artificial intelligence (AI) development. Meta is planning to invest ...

The Hill - 6d

Saudi Arabia Says It Will Increase U.S. Trade and Investment by $600 Billion

The Saudi media reported that Crown Prince Mohammed bin Salman had spoken with President Trump, who made the kingdom the first stop on his first overseas presidential trip in 2017.

The New York Times - 6d

Saudi Arabia to invest $600 billion in U.S., crown prince tells Trump

Saudi Arabia's crown prince told President Trump in a call that the kingdom intends to invest $600 billion in the U.S. over the next four years.

CBS News - Jan. 23

Divvy Homes, Once Valued at $2 Billion, Is Sold for Half That Price

The company, backed by high-flying Silicon Valley investors like Andreessen Horowitz, had promised it would reinvent the rent-to-own model and make it more consumer friendly. High interest rates ...

The New York Times - Jan. 23

Saudi crown prince says kingdom intends to invest $600 billion in US during call with Trump

Saudi Arabia’s crown prince says the kingdom wants to invest $600 billion in the United States over the next four years, comments that came after President Donald Trump mused about returning to the ...

ABC News - Jan. 23

Saudi crown prince says the kingdom intends to invest $600 billion in the US during call with President Donald Trump

ABC News - Jan. 23

Saudi crown prince says the kingdom intends to invest $600 billion in the US during call with President Donald Trump

ABC News - Jan. 23

The Dodgers Won the World Series. Then They Spent Nearly Half a Billion Dollars.

It’s been 25 years since an M.L.B. team won back-to-back titles, but Los Angeles is unfazed.

The New York Times - Jan. 21

Huawei seeks to grab market share in AI chips from Nvidia in China

Tech giant pushes its artificial intelligence chips as hardware of choice for ‘inference’ tasks

Financial Times - Jan. 21

Moderna stock plunges nearly 17% after company lowers 2025 sales forecast by $1 billion

Moderna now expects 2025 revenue to come in between $1.5 billion and $2.5 billion, most of which will come in the second half of the year.

CNBC - Jan. 13

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

Story uses Web3 to enable creators to capture the value they contribute to the AI ecosystem

Story, an intellectual property blockchain, believes that creators, developers and artists should be able to be rewarded for what they contribute to AI.

VentureBeat - Jan. 8

Ozempic maker Novo Nordisk, after trial disappointment, expands AI deal in potential $4.6 billion pact

At least four analysts weighed in on the prospects for Europe’s second-largest company, Novo Nordisk, after the Danish drugmaker reported disappointing results for its next-generation weight-loss ...

MarketWatch - 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

Don't be fooled by Nvidia stock's slide after CEO Jensen Huang laid out an AI roadmap

The CEO's product announcements are not as important as the long-term vision he presented.

CNBC - Jan. 7

A Nvidia AI Supercomputer Could Be Yours for Just $3,000

The machine, set to come out in May, is called Project Digits. It packs a petaflop of computing power.

Inc. - Jan. 7

Nvidia’s Nemotron Model Families will advance AI agents

Nvidia announced Nemotron Model Families to advance agentic AI as part of its bevy of AI announcements at CES 2025 today.

VentureBeat - Jan. 7

Stryker to Acquire Inari Medical in Deal Valued at $4.9 Billion

Inari makes mechanical thrombectomy solutions designed to treat peripheral vascular diseases. Stryker said the deal would be complementary to its neurovascular business.

The Wall Street Journal - Jan. 6

5 Ways This Startup Puts Values in Action

This AI company’s values help drive its booming biotech business.

Inc. - Jan. 5

Nvidia’s Market Value Got a $2 Trillion Boost in the AI rally of 2024

The AI chipmaker recorded the largest market cap increase of any publicly listed company in 2024, nearly tripling in value to $3.28 trillion by the end of the year.

Inc. - Jan. 2

Nvidia invested $1bn in AI deals in 2024

Group emerges as crucial backer of start-ups seeking to gain from the tech revolution its chips are powering

Financial Times - Jan. 1

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