President Donald Trump said the rise of Chinese AI app DeepSeek is a "positive" development.
Rural fintech startups seek a helping hand from the government through an equity support fund. This and more in todays ETtech ...
This led the tech-heavy Nasdaq to fall 3.1% on Monday. Nvidia was the Nasdaq's biggest drag, with its shares tumbling just ...
By Sinéad Carew, Amanda Cooper, Ankur Banerjee NEW YORK/LONDON/SINGAPORE (Reuters) -Global investors dumped tech stocks on ...
The emergence of DeepSeek's free assistant has placed big doubts over the US market's AI-driven rally of the past two years.
US chipmaker Nvidia led a rout in tech stocks after the emergence of a low-cost Chinese generative AI model that could ...
Nvidia's US$589 billion loss in stock market value is the deepest ever one-day loss for a company on Wall Street, according ...
Silicon Valley and Washington leaders said the app shows China can challenge the U.S. The Nasdaq lost 3 percent and chipmaker ...
Markets had a cult-like belief that a small group of US tech giants, led by Nvidia, would dominate the AI arms race. China’s ...
US chipmaker Nvidia has suffered the largest stock market slump in history after the emergence of an advanced Chinese ...
Trump called the joint venture - known as Stargate - "a new American company that will invest $500 billion at least in AI infrastructure in the United States," promising that it will create more than ...
Lastly, Goldman Sachs pointed out that the market value of Microsoft's investment in OpenAI, estimated between $31 billion and $79 billion, is not fully reflected on the balance sheet. Instead, it ...