Tech stock selloff deepens as DeepSeek triggers AI rethink
Japanese technology shares fell on Tuesday as a global market rout sparked by the emergence of a low-cost Chinese artificial intelligence model entered day two, with investors questioning the sky-high valuation and dominance of AI bellwethers.
What is DeepSeek and why did it cause tech stocks to drop?
Silicon Valley venture capitalist Marc Andreessen has hailed DeepSeek as "one of the most amazing and impressive breakthroughs" in AI. The company says its latest AI models are on par with industry-leading models in the US - like ChatGPT - at a fraction of the cost.
Wall Street has perceived the company to have an almost unbreachable defense against competition with its offerings of ...
With an actual open source model, China's AI leader just whupped America's AI leader. Can Sam Altman fight back?
DeepSeek caused waves all over the world on Monday as one of its accomplishments — that it had created a very powerful A.I.
Competing with OpenAI’s o1, DeepSeek’s models scored higher on benchmarks and disrupted the AI market, sparking debates on ...
DeepSeek has already roiled the public markets, with investors sending the Nasdaq down 3% on Monday, the equivalent of a $1 ...
Meta, Nvidia, and other tech giants react to DeepSeek's competitive, cost-efficient models that challenge established market ...
Chinese startup DeepSeek has debuted an AI app that challenges OpenAI's ChatGPT and other U.S. rivals, sending a shock ...
The DeepSeek chatbot, known as R1, responds to user queries just like its U.S.-based counterparts. Early testing released by ...
OpenAI CEO Sam Altman called Chinese startup DeepSeek's R1 AI model "impressive" on Monday, but emphasized that OpenAI ...
Created by DeepSeek, a Chinese AI startup that emerged from the High-Flyer hedge fund, their flagship model shows performance ...
Japan's chip-related shares extended declines for a second day after DeepSeek triggered concerns over competitiveness in the ...
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