HONG KONG (AP) — Asian shares Friday were mixed, with Chinese technology stocks rising as most other Asian equities declined.
Chinese artificial intelligence (AI) start-up DeepSeek sent shockwaves through the U.S. tech sector after its cost-effective, ...
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The Australian government has banned the AI company on all government devices and networks over fears about national security ...
AI stocks were rattled this past week when Wall Street took notice of a high-performance, shockingly efficient open-source AI model from Chinese start-up DeepSeek.
Global investors are worried the emergence of a low-cost Chinese AI model will threaten the dominance of AI leaders.
The startup DeepSeek was founded in 2023 in Hangzhou, China and released its first AI large language model later that year.
News from China upset U.S. markets Monday and disrupted the frenzy that had built up around artificial intelligence.
The Dow Jones rose on Thursday while the S&P 500 and Nasdaq built more support at the 50-day moving average in the stock ...
But some saw reason to be wary. Morgan Stanley analysts wrote that “the stock market reaction is probably more important than the cause,” and warned DeepSeek’s success could temper AI ...