DeepSeek's 'cheap' Chinese AI chatbot sparks tech stock selloff
Chinese artificial intelligence (AI) app DeepSeek has overtaken ChatGPT and other rivals to become the top-rated free application on Apple's App Store in the US, UK and China. The app has surged in popularity since its launch in January, challenging the widely-held belief that America is the untouchable leader of the AI industry.
DeepSeek topped the Apple AppStore chart and sparked fears the Chinese company is quickly catching up with OpenAI's ChatGPT ...
The Chinese AI service has Wall Street worried that it will be cheaper than expected to develop models. But as chip stocks ...
The Nasdaq could face market-cap losses of nearly $1 trillion if premarket declines hold into the close of trading.
And two kinds of stocks have plenty of momentum these days: mega-cap monsters with market caps of $200 billion or more and ...
Stocks of global tech giants Nvidia Corp and ASML Holding NV fell after growing buzz around Chinese startup DeepSeek's latest ...
"That's where we believe the alpha generation will come this year," Morgan Stanley's Katy Huberty says.
Barrett Woodside, co-founder of the San Francisco AI hardware company Positron, said he and his colleagues have been abuzz ...
During its 2024 third quarter, Palantir’s revenue jumped 30 percent to $725.5 million, with U.S. commercial revenue growing ...
Meta Platforms and Salesforce have seen their share prices increase 350% and 115%, respectively, in the last two years. Meta ...
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