DeepSeek’s dark-horse entry into the AI race, which it says cost just US$5.6 million to develop, is a challenge to Silicon ...
NEW YORK – The world’s 500 richest people, led by Nvidia co-founder Jensen Huang, lost a combined US$108 billion (S$145 ...
Tech-sector titans as a group saw $94 billion of wealth evaporate — roughly 85% of the Bloomberg index’s total decline.
Trump calls Chinese startup DeepSeek's cheaper AI methods "a positive," as U.S. tech stocks plunge amid market sell-off.
The tech sector accounted for 85 per cent of the losses, as wealth tied to artificial intelligence (AI) faced a steep ...
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 ...
Nvidia called DeepSeek’s R1 model “an excellent AI advancement,” despite the Chinese startup’s emergence causing the chip ...
The local share market opens lower, following a technology rout on Wall Street, fuelled by the rapid rise of Chinese AI start ...
Rivaling Huang’s drop Monday was a $29.4 billion loss for Oracle chairman Larry Ellison, as Oracle stock tanked 15% — Ellison ...
Investors soured on some tech stocks like Oracle and Nvidia as China’s DeepSeek sparked questions about the massive AI ...