A Chinese company’s claim of a $5.6 million artificial intelligence breakthrough wiped almost $600 billion from Nvidia’s market value on Monday, shattering Wall Street’s confidence that tech companies’ AI spending spree will continue and dealing an apparent blow to US tech leadership.
Nvidia CEO Jensen Huang's recent low-profile visit to China has reaffirmed the company's strategic focus on this crucial market amid tightening US restrictions on advanced semiconductor exports.
A breakthrough by Chinese researchers could help solve complex problems in industries ranging from aerospace to bridge design.
Nvidia CEO Jensen Huang recently visited China to celebrate Chinese New Year with employees and reaffirm the company’s commitment
Meanwhile, a slew of other tech executives including Elon Musk, Jeff Bezos and Mark Zuckerberg are reportedly set to attend the events on Monday.
A group of 16 humanoid robots performed a Chinese folk dance in Beijing ahead of the Lunar New Year.
U.S. companies were spooked when the Chinese startup released models said to match or outperform leading American ones at a fraction of the cost.
Nvidia CEO Jensen Huang made a low-key visit to China, as he conveyed the company’s commitment to one of its largest markets amid heightened US export restrictions on advanced chips.
Cebu Daily News on MSN2d
China AI firm DeepSeek shocks US tech; Nvidia dives US$589b, biggest one-day loss in US historyCHINESE firm DeepSeek’s artificial intelligence chatbot has soared to the top of the Apple Store’s download charts, stunning industry insiders and analysts with its ability to match its US competitors.
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What Is DeepSeek? New Chinese AI Startup Rivals OpenAI—And Claims It’s Far Cheaper
What is DeepSeek? How a small Chinese startup shook up the AI sector
Stocks tumbled after a Chinese AI startup said its models can compete with the likes of ChatGPT and other U.S.-based models at a fraction of the cost.
What is DeepSeek, the Chinese AI app challenging OpenAI and Silicon Valley?
DeepSeek is a new artificial intelligence chatbot that’s sending shock waves through Wall Street, Silicon Valley and Washington. The app, name after the Chinese start-up that built it, rocketed to the top of Apple’s App Store in the United States over the weekend.
Days after Chinese upstart DeepSeek revealed a breakthrough in cheap AI computing that shook the U.S. technology industry, the chief executives of Microsoft and Meta defended massive spending that they said was key to staying competitive in the new field.
Donald Trump’s commerce secretary nominee on Wednesday said he aims to prevent China from using American technology, including semiconductor chips by Nvidia, to “compete with us” and vowed “across-the-board tariffs” to gain leverage against Beijing and other countries.
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