DeepSeek's development cost was reportedly under $6 million, raising concerns about the competitive edge of US tech firms and future capex on AI LLMs. WGMI has significant exposure to Bitcoin mining ...
Silicon Valley’s been rattled by a low-cost Chinese AI – with the start-up claiming its DeepSeek technology can emulate the performance of ChatGPT, at a fraction of the cost. Its launch shook share ...
Donald Trump will be the first president to fully embrace digital currencies — and he’s already anointed his crypto princes ...
US GDP grew by 2.3% on an annualised basis in the final quarter, according to the Bureau of Economic Analysis. This was slower than the 2.6% annualised growth expected by economists polled by Reuters.
The report comes as tech stocks, led by the Magnificent Seven—think Apple, Microsoft, Google, and their mega-cap friends—take a hit after DeepSeek’s debut.
Microsoft (MSFT) stock shed weight in the early going on Wednesday ahead of the Federal Reserve’s (Fed) latest interest rate ...
Bitcoin ( BTC-USD) soared past $105,000 (£84,359) following the Federal Reserve’s decision to keep interest rates steady, with Fed chair Jerome Powell indicating that banks can serve crypto clients — ...
The ECB cut rates by 25bps to 2.75%, with Lagarde signalling further easing if inflation declines. Growth risks persist amid weak confidence and geopolitical tensions. She ruled out Bitcoin as a ...
Interested in weekly BTC/USD forecast? Our experts make weekly updates forecasting the next possible moves of the bitcoin-dollar pair. Here you can find the most recent forecast by our market ...
Sorry, OpenAI (and Google and Meta and…). A recently released AI model called DeepSeek from a China-based startup is currently wreaking havoc on the tech space in ...