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 coronavirus pandemic.
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 obtained before the U.S. imposed export controls that re
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) app spooked investors in the US and Europe. DeepSeek, a Chinese AI chatbot reportedly made at a fraction of the cost of its rivals, launched last week but has already become the the most downloaded free app in the US.
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 boom, has been dealt a tough reality check by a small Chinese company that showed it could do more
DeepSeek sparks global AI selloff, Nvidia losses about $593 billion of value
Nvidia stock: China's DeepSeek AI model shocks the world. Should you sell?
China’s DeepSeek AI is hitting Nvidia where it hurts
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 from Chinese company DeepSeek is undermining the AI boom's darling, Nvidia. Akero Therapeutics' stock surged following Phase 2b SYMMETRY study results.
Nvidia Calls DeepSeek ‘Excellent’ AI Advance, Dismisses Concerns
Nvidia Corp., the biggest provider of chips used to train artificial intelligence software, said a new model released by Chinese startup DeepSeek is an “excellent AI advancement” that complies with US technology export controls.
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 poured into AI.
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 their hand at tech.
How China's New DeepSeek AI Tanked NVIDIA And Tech Market Today; Bishop Budde At Peace with Remarks
Mychael Schnell chats with The Hill’s technology reporter Miranda Nazzarro after a Chinese AI app surged to the top of app stores, and causing a tech stock crash Monday. Miranda gives her take on what’s behind the surge,
US Stock Market LIVE: Wall Street sinks after China's AI push rattles Big Tech; Nvidia crashes 13% on DeepSeek fear
Wall Street's tech giants dragged US frontline indices on Monday after China's AI startup DeepSeek rattled Silicon Valley and hit the top of Apple’s App Store chart
India.com3m
China’s DeepSeek takes global AI market by storm, ChatGPT loses its top spot in…, US now plans to…, but what is it? How does it work
US tech giant Nvidia saw its value drop by over a sixth as the rising popularity of a Chinese artificial intelligence (AI) app unsettled investors across the US and Europe. The unexpected rise of DeepSeek triggered a sharp decline in market valuations for ...