DeepSeek's 'cheap' Chinese AI chatbot sparks tech stock selloff
Chinese artificial intelligence (AI) app DeepSeek has overtaken ChatGPT and other rivals to become the top-rated free application on Apple's App Store in the US, UK and China. The app has surged in popularity since its launch in January, challenging the widely-held belief that America is the untouchable leader of the AI industry.
Tech stocks crash, NVIDIA tumbles on China AI threat
The Chinese AI service has Wall Street worried that it will be cheaper than expected to develop models. But as chip stocks ...
And two kinds of stocks have plenty of momentum these days: mega-cap monsters with market caps of $200 billion or more and ...
"That's where we believe the alpha generation will come this year," Morgan Stanley's Katy Huberty says.
Barrett Woodside, co-founder of the San Francisco AI hardware company Positron, said he and his colleagues have been abuzz ...
Meta Platforms and Salesforce have seen their share prices increase 350% and 115%, respectively, in the last two years. Meta ...
AI stocks soared after OpenAI announced a partnership with Oracle and SoftBank that could result in up to half a trillion dollars of investment in AI infrastructure over the next four years.
During its 2024 third quarter, Palantir’s revenue jumped 30 percent to $725.5 million, with U.S. commercial revenue growing ...
Compelling valuations make these two "Magnificent Seven" stocks smart buying opportunities. Artificial intelligence (AI) has ...
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