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 ...
Chinese AI Enters the Chat
A Chinese artificial intelligence company released its model, R1, about a week and a half ago, sending American chipmaker ...
Nvidia shares sink as Chinese AI app spooks markets
US tech giant Nvidia lost over a sixth of its value after the surging popularity of a Chinese artificial intelligence (AI) ...
Larry Magid: Testing DeepSeek, the Chinese generative AI app
Based on my tests and published reports, DeepSeek not yet as advanced as its American counterparts, but it’s quite good ...
Nvidia faces a reckoning as Chinese upstart raises questions about Wall Street’s darling
The superstar run for Nvidia’s stock the last few years has been astonishing. So was its tumble Monday, which caused $595 ...
Chinese startup DeepSeek has shaken up the AI world. What we know
DeepSeek, a Hangzhou-based startup founded in 2023, shot to the top of Apple’s App Store free app chart after releasing a new ...
Chinese AI DeepSeek’s rout of tech stocks may benefit mortgage rates
The tech-heavy Nasdaq composite closed down nearly 3% on Monday, with shares of AI-focused chipmaker Nvidia plunging 17% and ...
Nvidia loses nearly $600B in value following rise of Chinese AI app
U.S. stocks dropped sharply Monday - and chipmaker Nvidia lost nearly $600 billion in market value - after a surprise ...
DeepSeek Panic Live Updates: Alibaba Stock Rallies As Chinese Giant Says AI Model Beats DeepSeek’s
Nvidia shares' 9% recovery Tuesday was the second-best day in terms of market cap added for any company ever, trailing only a ...