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Global Tech Stocks Plunge as China’s DeepSeek Undercuts Rivals
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Chip Stocks Tumble After China’s DeepSeek AI Models Raise Doubts Over U.S. Tech Dominance
Global chip stocks slumped Monday on DeepSeek revealing it had developed AI models that nearly matched American rivals despite using inferior chips.
DeepSeek Sends Chills Through U.S. Tech Stocks
Chinese AI firm DeepSeek appears to be making waves among tech investors, potentially raising competition concerns. Nasdaq futures were recently down by more than 2%, pressured by news that the Chinese start-up can run its latest AI model on less advanced and cheaper chips,
1h
U.S. Futures Slide As Buzz Over Chinese AI Startup DeepSeek Triggers Concerns
Chinese startup DeepSeek’s app has climbed to the top of the iPhone charts as its newest AI assistant showed competitive ...
1h
on MSN
China’s DeepSeek Tops iPhone Downloads and Spurs AI Selloff
Chinese startup DeepSeek’s eponymous AI assistant rocketed to the top of Apple Inc.’s iPhone download charts, stirring doubts ...
3h
Chinese AI lab DeepSeek massively undercuts OpenAI on pricing
DeepSeek challenges OpenAI with drastically cheaper models, prompting discussions on the viability of proprietary versus open ...
4h
China’s DeepSeek Makes Robust, Popular AI Product Despite U.S. Curbs
Similar to ChatGPT, the chatbot can perform tasks such as answering questions, drafting content and helping users gather ...
3h
China's DeepSeek sets off AI market rout
Nasdaq futures slumped and technology shares slid in Japan on Monday as surging popularity of a Chinese discount artificial ...
15m
Here’s what the sellside is saying about DeepSeek
DeepSeek’s a two-years-old, Hangzhou-based spinout of a Zhejiang University company that used machine learning to trade equities. Its stated goal is to make an artificial general intelligence for the ...
7h
on MSN
DeepSeek hits No. 1 on Apple's App Store
DeepSeek, a Chinese startup, rocked the AI world after debuting a model that rivaled the capabilities of OpenAI's ChatGPT for ...
5h
Chinese AI startup DeepSeek overtakes ChatGPT on Apple App Store
Universal Music Group (UMG) , the world's biggest music label, and Swedish streaming giant Spotify have reached a new ...
12h
on MSN
DeepSeek gets Silicon Valley talking
Since Chinese AI company DeepSeek released an open version of its reasoning model R1 at the beginning of this week, many in ...
6h
on MSN
Silicon Valley praising Chinese AI startup DeepSeek: 'Profound gift to the world'
A Chinese artificial-intelligence company has Silicon Valley raving, calling it "amazing and impressive,"despite working with ...
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