China's new DeepSeek R1 language model has been shaking things up by reportedly matching or even beating the performance of established rivals including OpenAI while using far fewer GPUs. Nvidia's response?
A new chatbot released by Chinese start-up DeepSeek has caused U.S. tech giant Nvidia's stock to plunge around 17% on Monday alone. The Chinese company's innovation suggests Nvidia's chips may be less crucial to the future of AI than previously thought,
A CHEAP AI-powered chatbot from China has sent shockwaves around the world, causing panic for Western tech firms who thought they were leaps ahead in the artificial intelligence race. The DeepSeek
Shares for leading US chip firm Nvidia dropped by almost 17% on Monday after the emergence of DeepSeek stunned Silicon Valley.
In what marks the largest single-day drop in stock market history, Nvidia's valuation has been hit by China's answer to ChatGPT.
Chinese AI startup DeepSeek's release of new AI models spurred a selloff in U.S. tech stocks, but some investors think the competitive concerns may be overblown.
NVIDIA, the world's most valuable company until Monday, lost $600 billion of market value in a single day, the biggest in US stock history.
The surprise success of China’s AI startup, DeepSeek, led to tech stocks being hammered in the US market. Nvidia, the leading supplier of AI chips, was largely impacted; its shares plunged 17 per cent,
A chatbot made by Chinese artificial intelligence startup DeepSeek has rocketed to the top of Apple’s App Store charts in the US this week, dethroning OpenAI’s ChatGPT as the most downloaded free app.
Yesterday, a piece of breaking news sent technology stocks into a tailspin. The Chinese start-up DeepSeek developed an AI chatbot that reportedly rivaled models from industry leaders like OpenAI, Anthropic,