Morgan Stanley analysts were surprised by the response to DeepSeek's launch, a development that underscores the intense competition from China's crucial AI sector. Despite dismissing the knee-jerk reaction of markets on Monday,
News from China upset U.S. markets Monday and disrupted the frenzy that had built up around artificial intelligence.
Investors sold technology stocks across the globe as they worried that the emergence of a low-cost Chinese artificial intelligence (AI) model would threaten the dominance of current leaders.
Nvidia, which soared to the top of the stock market by selling the computer chips fueling the world’s artificial intelligence boom, has been dealt a tough reality check by a small Chinese company that showed it could do more
By Sinéad Carew, Amanda Cooper, Ankur Banerjee NEW YORK/LONDON/SINGAPORE (Reuters) -Investors sold off a host of technology stocks from Tokyo to New York on Monday as they worried that the emergence
The United States Navy has officially banned the use of China’s DeepSeek AI across all operations. In a memo reportedly sent on Jan. 24, the Navy informed personnel that the generative AI model must not be used “in any capacity,
Even as DeepSeek has rattled the US tech industry with its R1 artificial intelligence (AI) model, the Chinese economy continues to perform poorly amid slowing manufacturing sector
US stocks opened lower after Chinese startup DeepSeek's AI model shows AI can be built cheaply. That sparked fears AI spending will stall.
Chipmakers and other AI-connected industries saw stocks drop Monday amid concerns over advancements by DeepSeek
China AI startup DeepSeek just released its R-1 model that compares favorably with OpenAI's o1 reasoning model. DeepSeek claims to have trained R1 at a fraction of the cost of o1 and Meta's Llama 3.1.
Broadcom's panic sell-off was triggered by unverified claims about DeepSeek's low development costs. See why I continue to rate AVGO stock a strong buy.