Nvidia experienced a historic $589 billion market value loss, triggered by Chinese startup DeepSeek's AI breakthrough. DeepSeek's affordable R1 AI...

Nvidia experienced a historic $589 billion market value loss, triggered by Chinese startup DeepSeek's AI breakthrough. DeepSeek's affordable R1 AI...

A Chinese AI company, DeepSeek, sparked a significant decline in Wall Street's tech sector, with major losses for Nvidia and the Nasdaq composite....

Chip giant Nvidia shed nearly $600bn in market value after Chinese AI model cast doubt on supremacy of US tech firms.

BANGKOK (AP) — The 40-year-old founder of China’s DeepSeek, an AI startup that has startled markets with its capacity to compete with industry...

Chinese AI startup DeepSeek has emerged as a strong competitor, causing a major sell-off in US tech stocks. Nvidia witnessed a dramatic 17.95% drop....

The Icon for the smartphone apps DeepSeek is seen on a smartphone screen in Beijing, Tuesday, Jan. 28, 2025. Credit: AP Photo/Andy Wong The...

The 40-year-old founder of China's DeepSeek, an AI startup that has startled markets with its capacity to compete with industry leaders like OpenAI,...

Three years ago, Liang Wenfeng's hedge fund firm faced a major setback, but he used that time to develop DeepSeek, an AI startup. DeepSeek's...

DeepSeek's technological advancements worries US tech observers that the Chinese startup has caught up with US firms at the forefront of generative...