In a matter of days, DeepSeek proved to be so popular as to climb to the top of Apple's App Store, surpassing OpenAI's ...
Nvidia, Microsoft, and Alphabet were among the market's top losers on Monday as the rise of DeepSeek rattled investors.
U.S. tech stocks plunged on Monday, amid a wider market selloff. The culprit: DeepSeek, a Chinese artificial intelligence company that last week introduced a new — and low-cost — model into the ...
Stiffer competition for the tech giants at the forefront of the artificial intelligence boom prompted investors to reassess ...
Monday’s more than $500 billion loss for Nvidia followed panic surrounding DeepSeek’s AI model running on far less of ...
The tech-heavy Nasdaq Composite index slid 3.5 per cent shortly after the opening bell, while the broader S&P 500 fell about 2 per cent. Nvidia, which surged last year on bets that Big Tech companies ...
The tech-heavy Nasdaq Composite ( ^IXIC) sank nearly 3%, while the S&P 500 ( ^GSPC) tumbled 1.7%. The Dow Jones Industrial ...
The selloff stems from weekend panic over last week’s release from the relatively unknown Chinese firm DeepSeek of its ...