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DeepSeek sparks AI stock selloff
DeepSeek sparks AI stock selloff; Nvidia posts record market-cap loss
By Sinéad Carew, Amanda Cooper, Ankur Banerjee NEW YORK/LONDON/SINGAPORE (Reuters) -Global investors dumped tech stocks on Monday as they worried that the emergence of a low-cost Chinese artificial intelligence model would threaten the dominance of AI leaders like Nvidia,
Nvidia stock: China's DeepSeek AI model shocks the world. Should you sell?
DeepSeek stunned the tech world with the release of its R1 "reasoning" model, matching or exceeding OpenAI's reasoning model for a fraction of the cost.
China’s DeepSeek AI is hitting Nvidia where it hurts
A chatbot made by Chinese artificial intelligence startup DeepSeek has rocketed to the top of Apple’s App Store charts in the US this week, dethroning OpenAI’s ChatGPT as the most downloaded free app.
1h
on MSN
Nvidia loses nearly $600 billion in market value after Chinese AI startup bursts onto scene
Shares of chipmaker Nvidia plunged Monday, for its worst day since the global market sell-off in March 2020 triggered by the ...
4h
Nvidia shares sink as Chinese AI app spooks markets
US tech giant Nvidia lost over a sixth of its value after the surging popularity of a Chinese artificial intelligence (AI) ...
5h
Nvidia reels after China’s AI breakthrough
Nvidia, which soared to the top of the stock market by selling the computer chips fueling the world’s artificial intelligence ...
1h
Dow Jones Futures: AI Stocks Nvidia, Broadcom, Astera Crash On DeepSeek Fears
Dow Jones Futures: AI stock leaders Nvidia, Broadcom and Astera Labs all crashed on DeepSeek fears Monday. A new AI model ...
10h
DeepSeek spells crisis for American AI companies, starting with Nvidia’s $500 billion landslide
DeepSeek said it spent only $5.6 million developing its model—peanuts when compared with the billions U.S. tech giants have ...
5h
on MSN
This man wiped $600 billion off Nvidia’s valuation by marrying quant trading with AI.
DeepSeek was created by a top Chinese quantitative trading firm. It’s not unusual for Wall Street quant luminaries to try ...
10h
on MSN
Why Nvidia, Broadcom, Microsoft, and Other Artificial Intelligence (AI) Stocks Crashed Monday Morning
Nvidia is the gold standard and leading provider of the graphics processing units (GPUs) used to train and run AI systems.
17h
on MSN
Lambda Labs' COO has left the AI cloud provider to head Positron, a startup trying to compete with Nvidia
Mitesh Agrawal is leaving Lambda Labs to head a little known AI hardware startup trying to take on Nvidia.
5h
on MSN
DeepSeek caused a $600 billion freakout. But China’s AI upstart may not be the danger to Nvidia and U.S. export controls many assume
Top of the line GPUs. DeepSeek has said it has access to 10,000 of Nvidia’s older generation A100 GPUs—chips that were ...
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