Tech-sector titans as a group saw $94 billion of wealth evaporate — roughly 85% of the Bloomberg index’s total decline.
The retreat came after DeepSeek unveiled its R1 chatbot that has shown the ability to match the capacity of US AI pace-setters for a fraction of the investments made by American companies.
Several tech stocks, including Nvidia (NVDA), fell as Chinese startup DeepSeek unveiled its AI model which gave its American ...
The world’s 500 richest individuals, particularly those associated with AI, experienced a significant financial hit, losing ...
The S&P500 and the Nasdaq Composite declined as investors questioned America's AI dominance after DeepSeek launched its free ...
DeepSeek's privacy policy reveals extensive data collection practices. The company gathers information users provide, ...
Nvidia's Huang, Oracle's Ellison and ex-Binance CEO CZ were hit hard, though Meta's Zuckerberg and Amazon's Bezos escaped ...
We recently published a list of 10 AI Stocks Everyone is Talking About These Days. In this article, we are going to take a ...
Sylvia Jablonski, CEO and CIO of Defiance ETFs, shares why 2024 was such a great year of innovation for issuers and what's in ...