What is DeepSeek? The Chinese OpenAI rival sparking chaos in tech markets
DeepSeek, a Chinese startup, has released a free AI assistant that rivals OpenAI's ChatGPT in quality and was reportedly ...
China’s DeepSeek AI breakthrough shakes up Wall Street, hits Nvidia, ASML shares
The Chinese start-up disrupted the AI landscape, showing that cost-effective AI models can rival larger systems, raising ...
DeepSeek: US tech stocks tumble on fears of cheaper Chinese AI
The emergence of DeepSeek's free assistant has placed big doubts over the US market's AI-driven rally of the past two years.
LIVE: FTSE 100 down and Nasdaq more than 3% lower as DeepSeek's AI model roils tech
Chip giant Nvidia ( NVDA) was more than 11% lower in the first hour of US trading. Industry peer ASML ( ASML) lost 8%, while Arm ( ARM ), Broadcom ( AVGO ), and Micron Technology ( MU) also got ...
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Meta to invest up to $65bn in AI infrastructure expansion
Meta has announced plans to invest up to $65bn this year to expand its AI infrastructure. In a Facebook post, Meta chief ...