Larry Ellison, the Oracle (NYSE:ORCL) co-founder and one of the richest people on the planet, watched $22.6 billion disappear ...
US chip giant Nvidia and its CEO Jensen Huang are set for a record wipeout on Monday after Chinese startup DeepSeek upended ...
Nvidia shares' 9% recovery Tuesday was the second-best day in terms of market cap added for any company ever—but the company ...
The American markets were spooked by the DeepSeek AI storm on Monday, January 27. While Dow Jones closed in green with minor gains, the tech-heavy Nasdaq closed with colossal losses of 612.47 points, ...
The sell-off was triggered by Chinese AI developer DeepSeek, whose model requires less than $6 million worth of computing ...
President Donald Trump announced an A.I. initiative called Stargate. During a press conference at the White House attended by ...
A company called DeepSeek said it had developed a large language model that can compete with U.S. AI giants but at a fraction ...
The world’s 500 richest people, led by Nvidia co-founder Jensen Huang, lost a combined $US108 billion ($172 billion) on ...
After a Chinese AI app suddenly overtook the competition from OpenAI at the weekend, the AI sector had a dark day on the ...
Larry Ellison unveiled plans for an AI-driven cancer vaccine system that could deliver personalized treatments within 48 ...
Nvidia CEO Jensen Huang speaks at CES 2025 ... Rivaling Huang’s drop Monday was a $29.4 billion loss for Oracle chairman Larry Ellison, as Oracle stock tanked 15% — Ellison fell from third ...
DeepSeek threatens to disrupt the AI sector in a similar way to how Chinese companies have already upended industries such as ...