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
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Morgan Stanley has cut its forecast for UK growth this year to 0.9% from 1.3%, mirroring estimates from Wall Street rivals Goldman Sachs and JP Morgan.
After a grim lead-up to Christmas, the new year hasn’t brought any sense of renewal, with businesses still expecting a significant fall in activity.
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Why Chinese AI company DeepSeek is spooking investors on U.S. tech
U.S. tech stocks, including Nvidia, Oracle and Broadcom, plummeted Monday after Chinese startup DeepSeek said it created an AI system that can compete against chatbots such as OpenAI's ChatGPT at ...Los Angeles Times - 1d -
DeepSeek’s Popular AI App Is Explicitly Sending US Data to China
Amid ongoing fears over TikTok, Chinese generative AI platform DeepSeek says it’s sending heaps of US user data straight to its home country, potentially setting the stage for greater scrutiny.Wired - 1d -
WATCH: How China-based AI app DeepSeek works
Cybersecurity expert Caitlin Sarian reacts to the China-based AI app, DeepSeek, topping Apple's app-store charts as well as sending U.S. tech stocks lower on Monday.ABC News - 1d -
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 - 1d -
DeepSeek's rise spooks investors, threatens to upend AI
The rise in popularity of a high-performing and cheaply built Chinese artificial intelligence (AI) model has shaken the confidence of investors, while raising larger questions about the future of ...The Hill - 1d -
China's DeepSeek AI dethrones ChatGPT on App Store: Here's what you should know
The buzz around Chinese AI startup DeepSeek began picking up steam earlier this month, when the startup released R1, its model that rivals OpenAI's o1.CNBC - 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 -
Nvidia, Microsoft shares tumble amid rise of China-based AI DeepSeek
DeepSeek chatbot tops Apple's app-store charts.ABC News - 1d -
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 - 1d
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