U.S. stock indexes are set to fall, as shares of Nvidia, Microsoft and other AI-linked companies drop amid concerns about the competitiveness of Chinese AI startup DeepSeek. Earnings from companies including Meta,

The fast-growing popularity of the Chinese artificial intelligence software hit shares in tech giants like Nvidia, as Silicon Valley worried about what comes next.

Nasdaq 100 futures tumbled 3.%. Those are off their worst levels.The 10-year Treasury yield plunged to 4.52%.Bitcoin tumbled to below $100,000.A China manufacturing index unexpectedly fell 1 point to 49.

Artificial Intelligence (AI) is constantly evolving, and there's a new player in the market.DeepSeek, a new AI model from China, has captured the attention of the tech world, surpassing the likes of ChatGPT,

In just one week after its official launch, DeepSeek, the Chinese AI platform, has surpassed OpenAI’s ChatGPT in download rankings on the Apple App Store in the US, according to The Spectator Index. This achievement highlights the rising competition against established tech giants like OpenAI, Google, and Microsoft.

Occasionally, big tech companies like Amazon or Google have infamously deactivated their employees’ passes so they’re unable to access the office that day. Then a follow-up email is sent to wield the axe. You’re practically being ghosted by your company, in a sterile and dehumanizing move.

Monday’s Forbes Daily covers Trump’s deportation dispute with Colombia, General Motors’ affordable EV play, the latest on DEI from Costco and Target and more.

While workforce cuts raise concerns, the tech sector is poised for significant growth, with jobs in big data, fintech, and AI expected to double by 2030.

Meta is cutting 5% of its workforce ... build a more sustainable future and reach audiences where they are," the spokesperson said, according to Reuters. Microsoft is planning an unspecified number of cuts. Microsoft is planning job cuts soon, and the ...

DeepSeek’s real achievement lies in its ability to develop a cutting-edge AI model while spending a fraction of what its US counterparts have. OpenAI’s development of GPT-4 cost upwards of $100 million,

Zuckerberg anticipates that Meta's AI assistant will serve more than 1 billion people in 2025, up from approximately 600 million monthly active users in 2024. Meta Platforms has announced plans to invest up to $65bn this year to expand its artificial intelligence (AI) infrastructure.

Dow Jones futures fell Sunday night, along with S&P 500 futures and especially Nasdaq futures, amid concerns over AI progress from China's DeepSeek. Nvidia, Broadcom, Meta and several other AI-related stocks were indicated lower overnight.