Nvidia's market value dropped more than $500bn after the emergence of DeepSeek - a low-cost chatbot built by a Chinese AI firm.
Announced a week ago, DeepSeek-R1 — a model which is said to use more concise “reasoning patterns”, less data, and lower-cost ...
Global investors dumped tech stocks amid the emergence of a low-cost Chinese AI model, leaving Nvidia with a record one-day ...
Nvidia's market-cap loss on Monday was more than double the previous one-day record, set by Nvidia last September ...
Oracle's involvement in the $500 billion Stargate Project positions it as a key AI infrastructure provider. Read more to see ...
Silicon Valley and Washington leaders said the app shows China can challenge the U.S. The Nasdaq lost 3 percent and chipmaker ...
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Trump called the joint venture - known as Stargate - "a new American company that will invest $500 billion at least in AI infrastructure in the United States," promising that it will create more than ...
Chinese startup DeepSeek has debuted an AI app that challenges OpenAI's ChatGPT and other U.S. rivals, sending a shock ...
Live Updates Make sure to refresh this page periodically for updates. More DeepSeek Reactions 9:25 am Bernstein released a ...
Some AI researchers hailed DeepSeek’s R1 as a breakthrough on the same level as DeepMind’s AlphaZero, a 2017 model that ...