News from China upset U.S. markets Monday and disrupted the frenzy that had built up around artificial intelligence.
The startup DeepSeek was founded in 2023 in Hangzhou, China and released its first AI large language model later that year.
DeepSeek is an AI platform that provides advanced artificial intelligence models, particularly for tasks such as natural language processing and data analysis.
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It’s the Chinese AI start-up that has its American rivals on edge. Could it be faster, smarter and use fewer resources?
U.S. equity declines followed a selloff that started in Asia, with Japan's SoftBank Group finishing down 8.3%, and moved through Europe where ASML fell 7% ...
Wall Street is tumbling Monday on fears that the market's winners who have feasted on the AI frenzy are under threat from a ...
ET, the Dow Jones Industrial Average fell 0.28 per cent, the S&P 500 lost 1.77 per cent, the Nasdaq Composite lost 3.04 per ...
Silicon Valley and Washington leaders said the app shows China can challenge the U.S. The Nasdaq lost 3 percent and chipmaker ...
DeepSeek's AI model has not only outpaced ChatGPT in app downloads but also sent Nvidia's leveraged ETFs spiraling downward, leaving investors wondering if they’ve just witnessed a "Sputnik moment" or ...
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President Donald Trump said he wants to enact across-the-board tariffs that are “much bigger” than 2.5%, the latest in a ...