Tech stocks plunge as China ‘delivers AI wake-up call’
Venture capitalist Marc Andreessen, a close advisor to Trump, described it as “AI’s Sputnik moment” - a reference to the Soviet satellite launch that sparked the Cold War space race. Scale AI’s Wang wrote on X that DeepSeek “is a wake up call for America”.
DeepSeek topped the Apple AppStore chart and sparked fears the Chinese company is quickly catching up with OpenAI's ChatGPT ...
Global chip stocks slumped Monday on DeepSeek revealing it had developed AI models that nearly matched American rivals ...
US stocks were set for a steep selloff Monday morning after a surprise advancement from a Chinese artificial intelligence company, DeepSeek, threatened the aura of invincibility surrounding America’s ...
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Investors hammered technology stocks at the start of the week ... about US primary in AI and the effectiveness of ...
Tech stocks slide as Chinese AI startup DeepSeek triggers fears of China overtaking the U.S. in the AI race. Read more.
Chinese startup DeepSeek’s eponymous AI assistant rocketed to the top of Apple Inc.’s iPhone download charts, stirring doubts ...
Some Chinese tech stocks advanced today amid the excitement over DeepSeek, although the wider CSI 300 index closed down 0.4 per cent. In Hong Kong Baidu closed 4 per cent up and Alibaba was up 3 per ...
Asian equities ended the week on a high note, as Mainland China and Hong Kong outperformed and the Philippines underperformed ...
Authorities’ request for state-owned insurance companies and mutual funds to invest more in stocks got a lackluster market ...
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