Tech stocks drop amid rise of China's DeepSeek AI model
Shares of major technology companies leading the artificial intelligence (AI) race tumbled on Monday morning amid investor concerns about new Chinese AI models that are growing in popularity. Nvidia, the powerhouse chipmaker fueling the AI boom, has seen its shares fall 12.6% since Friday's market close. Fellow Chipmaker Advanced Micro Devices (AMD) also fell 5% […]
Nvidia shares fall 12% as Chinese AI startup DeepSeek triggers panic
Big technology stocks including Nvidia, Microsoft, Meta and Tesla fell sharply in pre-market trading on concerns that Chinese artificial intelligence startups could threaten America's dominance in AI. NVIDIA stock plummeted nearly 12% following reports about DeepSeek's capabilities. DeepSeek is a China-based startup that has been making waves in the industry since announcing its free, open […]
Chinese app DeepSeek hammers US tech stocks with cheaper open-source AI model
Lou Basenese, a Basenese Group CEO and Chief Strategist, talks about the Trump administration launching the Special Committee and the future of Tiktok as the president has signed a postponement of 75 days. China's AI startup company Deepseek is attracting attention in Silicon Valley, almost comparable to the function of chatbots such as Openai's ChatGpt, […]
Nasdaq Futures Sink 5% as DeepSeek Rattles Tech: Markets Wrap – Yahoo Finance
(Bloomberg): Stock prices fell by 5 % due to concerns that inexpensive artificial intelligence models made in China threaten the advantage of US technology. The most read article in Bloomberg Nvidia is expected to fall 12 % in pre -market US market transactions, and if this movement is maintained, it will be the largest decline […]
Morning Bid: Monitoring dollar, DeepSeek and China's PMIs By Reuters – Investing.com
Written by Jamie McGeever (Reuters) – Future outlook for the Asian market. A crucial week for global markets begins in Asia on Monday. Investors are still trying to gauge whether the narrative of “American exceptionalism” is losing its luster as they weather a blizzard of headlines about President Donald Trump's likely economic policies. Last week, […]
Blaze News original: China’s DeepSeek Coder claims it is the first open-source model to surpass GPT-4 Turbo amid tense AI race
Chinese AI startups Deep Seek The company recently made waves with the release of DeepSeek Coder V2, an open source, expert-driven code language model. Previously discussed A rival to ChatGPT, DeepSeek Chat, trained on 2 trillion Chinese and English tokens, has been gaining attention in the AI world following the release of the latter. of […]