Landscape Was Shaken This Week When a Chinese Start-up, DeepSeek, Unveiled a New Model in the Field That Seems to Rival the ...
Nvidia shares' 9% recovery Tuesday was the second-best day in terms of market cap added for any company ever, trailing only a ...
Bay Area tech billionaires reportedly lost enormous amounts of cash following DeepSeek’s latest rollout, outlets said.
Nvidia's Huang, Oracle's Ellison and ex-Binance CEO CZ were hit hard, though Meta's Zuckerberg and Amazon's Bezos escaped ...
DeepSeek threatens to disrupt the AI sector in a similar fashion to the way Chinese companies have already upended industries ...
The cryptocurrency market and major tech leaders witnessed a combined loss of $1.02 trillion resulting from the ...
Huang's net worth fell from $121 billion to around $100 billion, per the Bloomberg Billionaires Index.
Hangzhou-based DeepSeek has been developing AI models since 2023, but the company first came onto the radar of many Western investors this weekend as its free DeepSeek R1 chatbot app topped download c ...
News from China upset U.S. markets Monday and disrupted the frenzy that had built up around artificial intelligence.
Oracle chairman Larry Ellison and Nvidia CEO Jensen Huang lost tens of billions on paper as shares of their AI-focused ...
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 ...