China’s DeepSeek AI is hitting Nvidia where it hurts
A chatbot made by Chinese artificial intelligence startup DeepSeek has rocketed to the top of Apple’s App Store charts in the US this week, dethroning OpenAI’s ChatGPT as the most downloaded free app.
Nvidia plunges 18% and tech stocks slide as China's DeepSeek spooks investors
DeepSeek topped the Apple App Store chart and sparked fears the Chinese company was quickly catching up with OpenAI's ChatGPT while costing far less.
Why DeepSeek Is Sinking Nvidia Stock?
According to a paper authored by the lab, the DeepSeek-R1 model outperforms cutting-edge models such as OpenAI’s o1 and Meta’s Llama AI models across multiple benchmarks.
Why DeepSeek is hitting tech stocks hard, including Nvidia's
In a matter of days, DeepSeek proved to be so popular as to climb to the top of Apple's App Store, surpassing OpenAI's ChatGPT as the most downloaded app. But for owners of Nvidia stock, and stock traders in general, DeepSeek is on track of becoming a black swan — an unexpected event with extreme consequences.
Chinese AI startup DeepSeek is threatening Nvidia’s AI dominance
DeepSeek's new AI model has sparked concerns about Nvidia's dominance in the AI hardware market, causing a drop in the chipmaker's stock and raising questions about the future of high-performance AI chips.
Nvidia and the market's favorite tech darlings are getting crushed by DeepSeek's AI push
Nvidia, Microsoft, and Alphabet were among the market's top losers on Monday as the rise of DeepSeek rattled investors.
Nvidia, AI Chip Peers Tumble On DeepSeek Implications
Reports that Chinese AI lab DeepSeek has created an AI model that rivals U.S. models sent shockwaves through AI chip stocks on Monday.
Nvidia falls 14% in premarket trading as China's DeepSeek triggers global tech sell-off
DeepSeek launched a free, open-source large-language model in late December, claiming it was developed in just two months at a cost of under $6 million.
Nvidia sinks 11% as OpenAI rival DeepSeek goes live
Shares of Nvidia (NVDA) are moving lower after DeepSeek-R1 went now live. China’s DeepSeek is a large-language open source model that claims to
China just redefined the global AI race—with massive implications for OpenAI, Nvidia, and foreign policy
Silicon Valley’s initial advantage in LLMs evaporated quickly despite export controls, writes AI expert Gary Marcus.
Nvidia Stock May Fall As DeepSeek’s ‘Amazing’ AI Model Disrupts OpenAI
Barrett Woodside, co-founder of the San Francisco AI hardware company Positron, said he and his colleagues have been abuzz ...
What is DeepSeek, and why is it causing Nvidia and other stocks to slump?
Chinese startup DeepSeek has debuted an AI app that challenges OpenAI's ChatGPT and other U.S. rivals, sending a shock ...
'AI's Sputnik moment': China-based DeepSeek's open-source models may be a real threat to the dominance of OpenAI, Meta, and Nvidia
China-based DeepSeek is just over a year old, but the startup has released an open-source AI model called R1 that seems to ...
Chinese AI DeepSeek Deep Sixes OpenAI on the App Store, Stocks Tank
Chinese AI chatbot DeepSeek has displaced OpenAI’s ChatGPT as the most downloaded app on the Apple App store and the market ...
Nvidia’s $465 Billion DeepSeek Rout Is Largest in Market History
Nvidia Corp.’s plunge, fueled by investor concern about Chinese artificial-intelligence startup DeepSeek, erased a record ...
Nvidia erases near $1 trillion in value in DeepSeek rout
Investors dumped the high-flying growth stock at the open and were continuing to do so as the morning session progressed in ...
Nvidia's $465 bn plunge triggered by DeepSeek, largest in market history
The S&P 500 fell as much as 2.3 per cent early Monday and the Nasdaq 100 tumbled as much as 3.6 per cent before paring the ...
Stock Market Updates: Nvidia, Meta Microsoft Hit by Fears Over Chinese AI Rivals
Tech stocks tumbled as Chinese AI startup DeepSeek's advances raised fears of intensified competition, shaking investor ...