Nvidia loses nearly $600B in value following rise of Chinese AI app
U.S. stocks dropped sharply Monday - and chipmaker Nvidia lost nearly $600 billion in market value - after a surprise advancement from a Chinese artificial intelligence company, DeepSeek, threatened the aura of invincibility surrounding America's technology industry.
The emergence of DeepSeek's free assistant has placed big doubts over the US market's AI-driven rally of the past two years.
The order focused on "Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence" and created a framework for federal oversight of artificial intelligence (AI) developers.
NVIDIA Inc., the artificial intelligence powerhouse led by CEO Jensen Huang, is pushing back against new semiconductor export ...
Tech organizations and companies blasted this week's AI moves by the Biden administration, with Nvidia slamming the U.S.
The order required developers of AI systems posing risks to national security, the economy, public health or safety to share ...
President Trump hosted executives from Softbank, OpenAI and Oracle at the White House Tuesday to announce “Stargate,” a ...
President Joe Biden’s final days in office were all about cementing the United States’ well established lead over China in ...
Outgoing President Joe Biden dealt a blow to Israel by including ... on importing graphics processors produced by companies like Nvidia, Intel, and AMD. This decision comes despite the fact ...
The Conversation on MSN12d
Joe Biden’s record on science and tech: Investments and regulation for vaccines, broadband, microchips and AIPresident Joe Biden’s immediate challenge after inauguration was to end the COVID-19 pandemic and then shift the economy ...
Reuters on MSN10d
Nvidia CEO Jensen Huang says he’s not attending Trump’s inaugurationHuang said Friday that he will instead be ‘on the road’ celebrating the Lunar New Year with employees and their families ...
Silicon Valley and Washington leaders said the app shows China can challenge the U.S. The Nasdaq lost 3 percent and chipmaker ...
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