Today could be a very red day in the stock market, and DeepSeek might be to blame. China's AI startup DeepSeek has captured the attention of enthusiasts ever since its launched its latest reasoning AI model,
Barrett Woodside, co-founder of the San Francisco AI hardware company Positron, said he and his colleagues have been abuzz about DeepSeek.
DeepSeek released an open-source artificial intelligence model in December, saying it took only two months and less than $6 million to create it.
Fears of upheaval in the AI gold rush rocked Wall Street following the emergence of a popular ChatGPT-like model from China, with US President Donald Trump saying it was a "wake-up call" for Silicon Valley.
We are closing our live coverage of the 2025 Word Economic Forum in Davos. Goodbye. Al Hassaina Mosque on December 3, 2021, and the mosque after its destruction in an Israeli strike during the war, in Gaza City, January 22, 2025. REUTERS/Mohammed Salem/Mahmoud Al-Basos
The Dow Jones index rose but other indexes lagged in the stock market today. Yield rose as investors awaited Trump's Davos address.
Leading business and political figures attending the World Economic Forum meeting in Davos, Switzerland, have discussed and debated topics such as technology, tariffs, climate change, Ukraine, Gaza and the global economy this week.
The Chinese artificial intelligence startup's chatbot surged to become the most downloaded free app on Apple's US App Store, displacing OpenAI's ChatGPT and rattling America's tech sector.
Meta, Nvidia, and other tech giants react to DeepSeek's competitive, cost-efficient models that challenge established market players.
Fears of upheaval in the AI gold rush rocked Wall Street on Monday following the emergence of a popular ChatGPT-like model from China, triggering predictions of turmoil for
Fears of upheaval in the AI gold rush rocked Wall Street on Monday following the emergence of a popular ChatGPT-like model from China, with US President
Nvidia is no longer the world's most valuable company after suffering the biggest stock market drop in history.