A Chinese company’s claim of a $5.6 million artificial intelligence breakthrough wiped almost $600 billion from Nvidia’s market value on Monday, shattering Wall Street’s confidence that tech companies’ AI spending spree will continue and dealing an apparent blow to US tech leadership.
Nvidia CEO Jensen Huang's recent low-profile visit to China has reaffirmed the company's strategic focus on this crucial market amid tightening US restrictions on advanced semiconductor exports.
Nvidia CEO Jensen Huang recently visited China to celebrate Chinese New Year with employees and reaffirm the company’s commitment
A breakthrough by Chinese researchers could help solve complex problems in industries ranging from aerospace to bridge design.
Meanwhile, a slew of other tech executives including Elon Musk, Jeff Bezos and Mark Zuckerberg are reportedly set to attend the events on Monday.
A group of 16 humanoid robots performed a Chinese folk dance in Beijing ahead of the Lunar New Year.
Cebu Daily News on MSN2d
China AI firm DeepSeek shocks US tech; Nvidia dives US$589b, biggest one-day loss in US historyCHINESE firm DeepSeek’s artificial intelligence chatbot has soared to the top of the Apple Store’s download charts, stunning industry insiders and analysts with its ability to match its US competitors.
They also maintain a block on exports to some countries, including China, as the U.S. tries to close regulatory loopholes and prevent Beijing from acquiring advanced chips that could bolster its military capabilities. On Monday, Nvidia criticised ...
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What Is DeepSeek? New Chinese AI Startup Rivals OpenAI—And Claims It’s Far Cheaper
What is DeepSeek? How a small Chinese startup shook up the AI sector
Stocks tumbled after a Chinese AI startup said its models can compete with the likes of ChatGPT and other U.S.-based models at a fraction of the cost.
What is DeepSeek, the Chinese AI app challenging OpenAI and Silicon Valley?
DeepSeek is a new artificial intelligence chatbot that’s sending shock waves through Wall Street, Silicon Valley and Washington. The app, name after the Chinese start-up that built it, rocketed to the top of Apple’s App Store in the United States over the weekend.
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Shares for leading US chip firm Nvidia dropped by almost 17% on Monday after the emergence of DeepSeek stunned Silicon Valley.
· 2d · on MSN
Nvidia Stock Slashes Nearly $600 Billion in Market Value. What’s Driving the Panic and Why It May Be Overblown.
Nvidia and the stock market come roaring back after historic sell-off
After plunging 17% on Monday, Nvidia climbed almost 9% as investors rushed in to buy this historic dip in shares of the top chip maker.
Nvidia, Chip Stocks Rebound as DeepSeek Panic Dies Down
Following the market plunge triggered by the release of the DeepSeek chatbot, Nvidia has recovered a large portion of its losses.
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