US stock futures sink as investors weigh China challenge to US dominance in AI. Nvidia drops 12%
Investors dumped technology stocks in premarket trading Monday, sending U.S. indexes sharply lower after Chinese artificial intelligence startup DeepSeek demonstrated a chatbot that it says rivals the top versions from OpenAI and Google for a fraction of the cost.
The Chinese AI service has Wall Street worried that it will be cheaper than expected to develop models. But as chip stocks ...
Nvidia is the gold standard and leading provider of the graphics processing units (GPUs) used to train and run AI systems.
After graduating from Zhejiang University, he cofounded the quantitative hedge fund High-Flyer in 2015 and incorporated AI in ...
Chinese AI chatbot DeepSeek has displaced OpenAI’s ChatGPT as the most downloaded app on the Apple App store and the market ...
Tech stocks tumbled as Chinese AI startup DeepSeek's advances raised fears of intensified competition, shaking investor ...
The S&P 500 fell 1.9% Monday. Big Tech stocks took some of the heaviest losses, with Nvidia down 17.6%, and they dragged the ...
Shares of Nvidia tumbled Monday after the release of a sophisticated artificial intelligence model from a Chinese startup ...
Barrett Woodside, co-founder of the San Francisco AI hardware company Positron, said he and his colleagues have been abuzz ...
DeepSeek threat to Nvidia sales? The group is expected to generate around $197.3 billion in revenue in the coming fiscal year ...
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