Stock Futures Tanking as China's DeepSeek AI Spooks Market
A Chinese start-up’s new artificial intelligence program took the top spot in Apple’s app store, threatening U.S. dominance in the field and huge investments from companies in the new technology. Stock futures were falling sharply Monday.
DeepSeek released an open-source artificial intelligence model in December, saying it took only two months and less than $6 ...
Markets rallied last week but face premarket losses due to AI concerns. A busy week lies ahead with major earnings, economic ...
By Lawrence Delevingne, Samuel Indyk and Tom Westbrook BOSTON/LONDON/SINGAPORE (Reuters) -U.S. stock futures steadied, the ...
Global chip stocks slumped Monday on DeepSeek revealing it had developed AI models that nearly matched American rivals ...
Silicon Valley and Washington leaders said the app shows China can challenge the U.S. The Nasdaq lost 3 percent and chipmaker ...
DeepSeek stunned the tech world with the release of its R1 "reasoning" model, matching or exceeding OpenAI's reasoning model ...
U.S. companies were spooked when the Chinese startup released models said to match or outperform leading American ones at a ...
2don MSN
A $1 trillion wipeout in the US stock market has given Liang Wenfeng a new burst of online stardom, with one Chinese paper ...
Global investors are worried the emergence of a low-cost Chinese AI model will threaten the dominance of AI leaders.
US stocks dropped sharply Monday — and chipmaker Nvidia lost nearly $600 billion in market value — after a surprise ...
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