The Chinese AI service has Wall Street worried that it will be cheaper than expected to develop models. But as chip stocks ...

The startup DeepSeek was founded in 2023 in Hangzhou, China and released its first AI large language model later that year.

Some AI researchers hailed DeepSeek’s R1 as a breakthrough on the same level as DeepMind’s AlphaZero, a 2017 model that ...

After graduating from Zhejiang University, he cofounded the quantitative hedge fund High-Flyer in 2015 and incorporated AI in ...

The S&P 500 fell 1.9% Monday. Big Tech stocks took some of the heaviest losses, with Nvidia down 17.6%, and they dragged the ...

Nvidia is the gold standard and leading provider of the graphics processing units (GPUs) used to train and run AI systems.

"It could also imply that equities could have more downside, given opportunists don't appear to be in any rush to buy at ...

Nuscale Power Corp, one of the market's best-performing nuclear energy stocks in 2024, dropped as much as 24%. Vistra Corp, ...

Tech stocks plunged Monday morning as fears mounted that Chinese artificial intelligence firm DeepSeek is gaining U.S.

Prices of exchange-traded funds with outsize exposure to Nvidia plunged in the initial hours of trading on Monday in reaction ...

The emergence of DeepSeek's free assistant has placed big doubts over the US market's AI-driven rally of the past two years.

The S&P 500 and Nasdaq are dropping, while the Dow ekes out a gain as tech stocks fall amid fears over China's DeepSeek AI.