China's DeepSeek disrupts AI industry, causing major market losses, while offering cost-effective AI assistant with less data requirements.
Investors believe DeepSeek’s AI debut will not impact the Magnificent Seven companies, with 88% of respondents expecting minimal effects on the S&P 500. The survey highlights President Trump’s ...
World markets are mostly higher following gains on Wall Street driven by Tesla, IBM and Meta Platforms after strong profit ...
The Chinese app has already hit the chipmaker giant Nvidia’s share price, but its true potential could upend the whole AI ...
The Nasdaq Composite fell 3.1% on Monday, while AI leader Nvidia tumbled 17%. But the reality was, and is, far more complicated. DeepSeek didn’t replicate OpenAI’s ability by spending a few million ...
On The Vergecast: AI chips, AI apps, the re-Pebble, and more.
SoftBank Group, led by Masayoshi Son, is in discussions to invest up to $40 billion in OpenAI, valuing it at $300 billion. This follows a shift in AI dynamics with DeepSeek overtaking ChatGPT in US ...