DeepSeek sparks AI stock selloff; Nvidia posts record market-cap loss
Global investors are worried the emergence of a low-cost Chinese AI model will threaten the dominance of AI leaders.
Why C3.ai Stock Is Sinking Today
C3.ai ( AI -4.30%) stock is seeing sell-offs in Wednesday's trading. The software and consulting specialist's share price was down 4% as of 1:20 p.m. ET today. Meanwhile, the S&P 500 index had fallen ...
Will China's DeepSeek Bring an End to the AI Grift?
At Meta, the metaverse will take a backseat to $65 billion in AI spending. Microsoft plans to on AI-enabled data centers in ...
DeepSeek tech wipeout erases more than $1 trillion in market cap as AI panic grips Wall Street
A tech sell-off on Monday saw more than $1 trillion in value erased over concerns over China's DeepSeek AI app.
Should You Forget Nvidia and Buy This Artificial Intelligence (AI) Stock Instead?
When OpenAI released ChatGPT in 2022, companies started spending billions on GPUs to train AI models. Nvidia led the market ...
US stocks goosed by earnings, intact AI budgets. Nvidia dips on talk of China sales curb.
Wall Street ended up on relief Meta and Microsoft kept their AI spending plans even amid mixed earnings. Next up, Apple ...
Apple Earnings Preview: Record Results Expected With China AI Concerns In Focus
Apple’s report Thursday afternoon is the latest in a busy week for earnings and will provide a test for the iPhone maker’s ...
AI chipmaker Cerebras says it’s been ‘crushed with demand’ for China’s DeepSeek from business customers
The upstart AI chip company Cerebras has started offering China’s market-shaking DeepSeek on its U.S. servers.