Why the markets are freaking out about Chinese AI newcomer DeepSeek
A Chinese company’s claim of a $5.6 million artificial intelligence breakthrough wiped almost $600 billion from Nvidia’s market value on Monday, shattering Wall Street’s confidence that tech companies’ AI spending spree will continue and dealing an apparent blow to US tech leadership.
Entrepreneur Marc Andreessen, known for co-writing Mosaic, one of the world’s first web browsers, wrote Sunday on X that ...
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The 40-year-old founder of China’s DeepSeek, an AI startup that has startled markets with its capacity to compete with ...
A Chinese AI startup is gaining popularity, amassing tons of downloads shortly after the app’s debut. DeepSeek’s flagship ...
By some measures, Boston’s startup ecosystem has been left far behind Silicon Valley in the race to develop artificial ...
DeepSeek says its newest AI model is as good as those of its American rivals, was cheaper to build and it’s available for ...
The release of Chinese AI startup DeepSeek's latest AI model disrupted the tech sector and caused $1 trillion in stock market ...
Chip maker AMD (AMD) is falling 6.5% today after a Chinese startup, DeepSeek, reportedly developed top-notch AI models using ...
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Asian stocks have advanced in thin Lunar New Year trading following a rebound on Wall Street driven by tech stocks as the ...
The Chinese artificial intelligence (AI) company DeepSeek has rattled the tech industry with the release of free, cheaply ...
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