DeepSeek tech wipeout erases more than $1 trillion in market cap as AI panic grips ...
DeepSeek became the most downloaded app on Apple's App Store in the US on Monday. VCG/VCG via Getty ImagesUS stocks erased more than $1 trillion in market cap on Monday amid the DeepSeek-fueled sell-off.The Chinese startup debuted an AI model on par with US
Meet Liang Wenfeng, the hedge fund manager behind Chinese AI startup DeepSeek
The explosive launch of DeepSeek's R1 AI model has sparked a sell-off of US tech stocks. Justin Sullivan/Getty ImagesIf you follow AI news, you've probably heard of DeepSeek.The Chinese AI startup made a big splash with its flagship model R1, which it says
What is DeepSeek, the Chinese AI company upending the stock market?
A frenzy over an artificial intelligence chatbot made by Chinese tech startup DeepSeek was upending stock markets Monday and fueling debates over the economic and geopolitical competition between the U.S. and China in developing AI technology. DeepSeek's AI
I Tried to See My Future Baby's Face Using AI, but It Got Weird
If you don't want to wait months or years to find out what your kids will look like, artificial intelligence will give you pictures in seconds. But how accurate are they? ...
Chinese tech startup DeepSeek says it was hit with 'large-scale malicious attacks'
Chinese tech startup DeepSeek said it was hit by a cyber attack on Monday that disrupted users’ ability to register on the site. The company, whose artificial intelligence chatbot has sent the tech world into a frenzy, said that it ...
U.S. stocks close mixed as AI stocks tumble
NEW YORK, Jan. 27 (Xinhua) -- U.S. stocks ended mixed on Monday, as a breakthrough by Chinese artificial intelligence (AI) startup DeepSeek rattled investor confidence in the tech sector. The Dow Jones Industrial Average rose 289.33 points, or 0.65 percent, to
DeepSeek Damage: Google, Microsoft Take Stock Hit on AI Fears
DeepSeek, the hottest name in artificial intelligence, took a Chinese hammer to several tech companies on Monday, with Microsoft, Google and especially Nvidia seeing their stock prices take a noticeable hit. If you missed it, DeepSeek climbed to the top of
AI tokens hit by market sell-off but fare better than most
Crypto prices fell 6.5% on average on Jan. 27 amid a major sell-off in risk assets prompted by a Chinese artificial intelligence (AI) model raising worries about AI profitability. However, AI-related tokens saw slightly lower average declines for the day at
What to Know About DeepSeek, the Chinese AI Company Causing Stock Market Chaos
A new Chinese AI model, created by the Hangzhou-based startup DeepSeek, has stunned the American AI industry by outperforming some of OpenAI’s leading models, displacing ChatGPT at the top of the iOS app store, and usurping Meta as the leading purveyor
Cosmos Health Submits Patent Application for Allergic Inflammation Therapy by Leveraging AI Drug Repurposing; Allergy Treatment Market Valued at $23.5 Billion
CHICAGO, IL / ACCESS Newswire / January 27, 2025 / Cosmos Health Inc. ("Cosmos Health" or the "Company'') (NASDAQ:COSM), a diversified, vertically integrated global healthcare group engaged in innovative R&D, owner of proprietary pharmaceutical and
Stock selloff gets ugly as AI jitters jolt trading: Markets wrap
By Rita Nazareth, Bloomberg News Wall Street had a rough start to the week on concern that a cheap artificial intelligence-model from Chinese startup DeepSeek could make valuations of the technology that has powered the bull market tough to justify. From New
Meta to invest $65 billion on AI this year, says Zuckerberg
MENLO PARK, California: Meta Platforms, led by CEO Mark Zuckerberg, is poised to make a major leap in artificial intelligence, with plans to invest as much as US$65 billion in 2025. The hefty budget reflects the company's ambition to outpace competitors OpenAI
Tech stocks tank as a Chinese competitor threatens to upend the AI frenzy; Nvidia sinks nearly 17%
NEW YORK (AP) — Wall Street’s superstars tumbled Monday as a competitor from China threatens to upend the artificial-intelligence frenzy they’ve been feasting on. The S&P 500 dropped 1.5%, dragged down in large part by a 16.9% fall for Nvidia. Other Big
Investors dump big AI players as China’s DeepSeek ruffles feathers
AgenciesTechnology stocks
Deepseek’s AI Revolution Sparks Chaos in Crypto and US and European Stock Markets
Deepseek, a Chinese artificial
Is China's AI tool DeepSeek as good as it seems?
The artificial intelligence (AI) tool has shocked US markets after bursting onto the scene. ...
What is DeepSeek and why did US tech stocks fall?
Why doubts have been raised about sustainability of US artificial intelligence boomGlobal tech shares fall as China AI chatbot DeepSeek spooks investorsDeepSeek hit with ‘large-scale’ cyber-attack
Why Are Whales Focusing on PlutoChain Over Lightchain AI, BlockDAG, and Rexas Finance?
PlutoChain ($PLUTO) could gain serious attention among whales and potentially steal the spotlight from projects like Lightchain AI, BlockDAG, and Rexas Finance. PlutoChain’s advanced Layer-2 technology enables Bitcoin to scale with 2-second block times and
Tech stocks tumble as a Chinese competitor threatens to upend the AI industry; Nvidia down 18%
Wall Street’s superstars are tumbling
China’s DeepSeek prompts global selloff in AI-linked stocks
NEW YORK/LONDON/SINGAPORE > Investors sold off a host of technology stocks
DeepSeek: What is China’s new groundbreaking AI that beats OpenAI against all odds?
Chinese startup DeepSeek has
Tech stocks tumble as a Chinese competitor startles AI industry
NEW YORK — Wall Street’s superstars are tumbling Monday as a competitor from China threatens