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.
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.
CHINESE 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.
They also maintain a block on exports to some countries, including China, as the U.S. tries to close regulatory loopholes and prevent Beijing from acquiring advanced chips that could bolster its military capabilities. On Monday, Nvidia criticised ...
DeepSeek’s AI products have shaken up the American stock market and tech industry—but some experts are questioning how big of a threat the Chinese company really is.
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Shares for leading US chip firm Nvidia dropped by almost 17% on Monday after the emergence of DeepSeek stunned Silicon Valley.
Shares of semiconductor makers were dropping early Monday as a Chinese AI model triggered questions over their lofty valuations.