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Tech stocks crash, NVIDIA tumbles on China AI threat
Stock Market Today: Tech stocks crash, Nvidia tumbles on China AI threat
The Nasdaq could face market-cap losses of nearly $1 trillion if premarket declines hold into the close of trading.
Nvidia Stock Faces Collapse on China AI Move
China proved that it has AI capabilities like those of U.S. industry leaders, and without wide access to the world’s most powerful AI chips.
Global Tech Stocks Plunge as China’s DeepSeek Undercuts Rivals
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
2h
China’s Homemade AI Startles Silicon Valley
DeepSeek, a Chinese artificial-intelligence company, has Silicon Valley marveling over how its programmers nearly matched ...
3d
How China can keep pace in the global AI race
In 2023, smartphones-to-silicon conglomerate Huawei quietly released its flagship Mate 60 Pro handset. The launch, while ...
9d
on MSN
Nvidia CEO Jensen Huang will skip joining fellow tech moguls for Trump’s inauguration
Meanwhile, a slew of other tech executives including Elon Musk, Jeff Bezos and Mark Zuckerberg are reportedly set to attend ...
Hosted on MSN
1h
DeepSeek’s Cost-effective AI Model Casts Doubts on High Valuations of Companies Like Nvidia
DeepSeek’s AI model, which runs on less advanced chips, challenges the high valuations of companies like Nvidia. DeepSeek’s ...
2h
China AI hopeful DeepSeek rocks Wall Street’s magnificent seven
Investors say the latest AI model released by China’s equivalent to OpenAI has the potential to disrupt the United States’ ...
11h
Nvidia RTX 5080 spotted on Geekbench and Blender: slower than the RTX 4090?
In the Vulkan test, it scored 261,836 points. This is about 22% better than the RTX 4080. Not bad, right? But in OpenCL it ...
Hosted on MSN
17h
China's DeepSeek just dropped a free challenger to OpenAI's o1 – here's how to use it on your PC
El Reg digs its claws into Middle Kingdom's latest chain of thought model Hands on Chinese AI startup DeepSeek this week ...
8h
China’s AI industry is taking on the US tech giants
Chinese start-up DeepSeek is as powerful as ChatGPT and purportedly uses much less computing power. Will this competition ...
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