The tech sector accounted for 85 per cent of the losses, as wealth tied to artificial intelligence (AI) faced a steep ...
U.S. tech stocks, including Nvidia, Oracle and Google, plummeted Monday after Chinese startup DeepSeek said it created an AI ...
US stocks dropped sharply Monday morning after a surprise advancement from a Chinese artificial intelligence company, DeepSeek, threatened the aura of invincibility surrounding America’s technology ...
Trump called the joint venture - known as Stargate - "a new American company that will invest $500 billion at least in AI infrastructure in the United States," promising that it will create more than ...
Nvidia's market value dropped more than $500bn after the emergence of DeepSeek - a low-cost chatbot built by a Chinese AI firm.
Stocks were sharply lower Monday afternoon on concerns about the competitive threat that China poses in the race to develop artificial intelligence.
Investors soured on some tech stocks like Oracle and Nvidia as China’s DeepSeek sparked questions about the massive AI ...
DeepSeek, an AI startup backed by hedge fund High-Flyer Capital Management, this month released a version of its AI chatbot, ...
Nvidia, Microsoft, and Alphabet were among the market's top losers on Monday as the rise of DeepSeek rattled investors.
DeepSeek's large-language-model launch could wipe nearly $1 trillion in market value from the biggest U.S. tech companies.
Meta is emulating Microsoft, Amazon and Google. Together, they are investing around USD 300 billion in AI data centers.
AI, cloud computing, and data storage will be large drivers of demand. Global data center capacity will ‘surge again in 2025, ...