Chinese start-up DeepSeek (logo pictured) sent big tech companies in the US into a spiral with the release of its AI chatbot, ...
DeepSeek has already put global tech stocks on track for $1 trillion wipeout.
Investors dumped the high-flying growth stock at the open and were continuing to do so as the morning session progressed in ...
It’s not just Nvidia. Chip makers, data-center operators and other companies looking to sell picks and shovels into the gold rush of the artificial-intelligence boom are getting a brutal beat-down.
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Monday’s more than $500 billion loss for Nvidia followed panic surrounding DeepSeek’s AI model running on far less of ...
The emergence of DeepSeek's free assistant has placed big doubts over the US market's AI-driven rally of the past two years.
Cathie Wood has a reputation for big wagers on technology, and she earned her reputation after returning 153% in 2020. She ...
DeepSeek, which was developed by a start-up based in the eastern Chinese city of Hangzhou, has shown the ability to match the ...
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Celestica shares fell in lockstep with other tech companies Monday as China's DeepSeek low-cost AI model rattled the sector. Shares trading in Toronto were down nearly 17% to 144.23 Canadian dollars.
To Mark Malek, chief investment officer at Siebert, the knee-jerk reaction in the market presents a buying opportunity. While it’s possible that DeepSeek did find and create a cheaper, more efficient ...