DeepSeek, tariff relief fuel rally in Chinese tech stocks
1 month, 1 week ago

DeepSeek, tariff relief fuel rally in Chinese tech stocks

Live Mint  

A benchmark for Chinese technology stocks rose for a fifth straight week, hitting a three-year high as China’s largest companies in the sector continued to be buoyed by bullish sentiment thanks to homegrown AI upstart DeepSeek and relief over delayed U.S. tariffs. The sudden emergence of Chinese AI company DeepSeek hit U.S. technology stocks two weeks ago and has fueled investors’ optimism in China’s tech shares. China’s recent AI breakthrough could boost the efficiency of its healthcare sector and enable other potential novel services, Jefferies analyst Cui Cui said. “Markets found a renewed sense of relief overnight, as initial worries over the implementation of U.S. reciprocal tariffs this week did not materialize," said Yeap Jung Rong, market strategist at IG.

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History of this topic

Why did China give away DeepSeek free, what's the game here?
1 week, 1 day ago

Why did China give away DeepSeek free, what's the game here?

India Today  

Did you know Chinese checkers is not a game that originated in China? Now, the entire letter comes across as a plea where a private company is essentially asking the US government to regulate AI in such a way that, within the US as well as in the rest of world, it shuts out competitors, most notably the likes of …

Chinese AI is following a familiar playbook. US firms should worry.
2 weeks, 4 days ago

Chinese AI is following a familiar playbook. US firms should worry.

Live Mint  

After Chinese AI company DeepSeek’s surprise success rattled financial markets in late January, tech investors have largely turned their attention to other issues such as tariffs. Leading U.S. AI companies’ business models rest on a central assumption: that developing the most capable models will produce the revenue required to justify massive training costs. Since R1’s release, some analysts have argued …

DeepSeek’s market disruption must awaken India
2 weeks, 6 days ago

DeepSeek’s market disruption must awaken India

The Hindu  

DeepSeek, a Chinese company, has shaken up the global tech industry and stock markets with its low-cost artificial intelligence model. Placing China at an advantage How does DeepSeek’s Innovation affect India’s dominance in IT? This disruption is reminiscent of India’s long-standing dominance in the global information technology sector, which has been built on its competitive edge through an abundant supply …

Chinese AI companies celebrate DeepSeek, shrug off global curbs
1 month ago

Chinese AI companies celebrate DeepSeek, shrug off global curbs

Raw Story  

by Jing Xuan TENG Chinese tech companies shrugged off foreign scrutiny of upstart chatbot maker DeepSeek, telling AFP on Friday they were confident the country's tech startups would make more gains in the global artificial intelligence race. "In the past few years, China has faced all sorts of restrictions from the U.S.," Sun Dasheng, an employee of AI server maker …

Chinese Tech Stocks Rally as Upbeat Earnings Lift Sentiment
1 month ago

Chinese Tech Stocks Rally as Upbeat Earnings Lift Sentiment

Live Mint  

-- A gauge of Chinese technology shares traded in Hong Kong jumped more than 5% on Friday, as a slew of upbeat earnings boosted optimism toward the sector. Bilibili Inc. shares also climbed on better-than-expected results, while Lenovo Group Ltd. rose after reporting revenue growth that exceeded estimates due to demand for AI computing infrastructure. Chinese technology shares have been …

Amid DeepSeek frenzy, Chinese companies detail use of AI
1 month, 2 weeks ago

Amid DeepSeek frenzy, Chinese companies detail use of AI

The Hindu  

Chinese automaker Great Wall Motor and China's leading telecoms providers are integrating the AI model released by DeepSeek into their offerings, the latest Chinese companies looking to capitalise on the start-up's breakthrough and attention. Hebei-based Great Wall - China's first listed car maker - confirmed to Reuters it had integrated DeepSeek into its connected vehicle system, which it has branded …

DeepSeek hasn’t just disrupted OpenAI. Chinese tech giants are being upended too
1 month, 2 weeks ago

DeepSeek hasn’t just disrupted OpenAI. Chinese tech giants are being upended too

CNN  

Hong Kong CNN — DeepSeek’s advances have roiled global stock markets and AI players. But the success of DeepSeek’s latest R1 AI model, which is said to be trained at a fraction of the cost of established players like ChatGPT, challenged the assumption that cutting off access to advanced chips could successfully stymie China’s progress. Such is DeepSeek’s fame that …

DeepSeek hasn’t just disrupted OpenAI. Chinese tech giants are being upended too
1 month, 2 weeks ago

DeepSeek hasn’t just disrupted OpenAI. Chinese tech giants are being upended too

CNN  

Hong Kong CNN — DeepSeek’s advances have roiled global stock markets and AI players. But the success of DeepSeek’s latest R1 AI model, which is said to be trained at a fraction of the cost of established players like ChatGPT, challenged the assumption that cutting off access to advanced chips could successfully stymie China’s progress. Such is DeepSeek’s fame that …

DeepSeek reaffirms China's continuous rise
1 month, 2 weeks ago

DeepSeek reaffirms China's continuous rise

China Daily  

LI MIN/CHINA DAILY The emergence of Deep-Seek at the start of this year has sent ripples across the world. The sudden success of this Chinese-developed AI app is not just a technological breakthrough; it is a powerful statement about China's enduring strength in innovation and economic growth. The rise of DeepSeek also highlights China's remarkable ability to push the frontiers …

DeepSeek reaffirms China's continuous rise
1 month, 2 weeks ago

DeepSeek reaffirms China's continuous rise

China Daily  

LI MIN/CHINA DAILY The emergence of Deep-Seek at the start of this year has sent ripples across the world. The sudden success of this Chinese-developed AI app is not just a technological breakthrough; it is a powerful statement about China's enduring strength in innovation and economic growth. The rise of DeepSeek also highlights China's remarkable ability to push the frontiers …

Power stocks had been on an AI tear. Then came DeepSeek.
1 month, 2 weeks ago

Power stocks had been on an AI tear. Then came DeepSeek.

Live Mint  

Chinese AI startup DeepSeek has laid bare one of the power sector’s greatest fears: The AI boom might not need nearly as much electricity as anticipated. DeepSeek, a generative-AI model trained using substantially less energy than its American competitors, routed tech and power company shares last week, eroding stock gains spurred by data center growth projections. “As a developer, I …

DeepSeek’s ‘Sputnik moment’ exposes holes in U.S. curbs on chip export
Trending News
1 month, 3 weeks ago

DeepSeek’s ‘Sputnik moment’ exposes holes in U.S. curbs on chip export

The Hindu  

U.S. export controls on high-tech chips may have inadvertently fuelled the success of start-up DeepSeek’s AI chatbot, sparking fears in Washington there could be little it can do to stop China in the push for global dominance in artificial intelligence. That’s despite a strict U.S. regime prohibiting Chinese firms from accessing the kinds of advanced chips needed to power the …

Alibaba launches its own AI – and claims it is more powerful than DeepSeek
1 month, 3 weeks ago

Alibaba launches its own AI – and claims it is more powerful than DeepSeek

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Alibaba, the Chinese tech company, has launched its own AI that it claims …

DeepSeek scrambles US-China tech war
Trending News
1 month, 3 weeks ago

DeepSeek scrambles US-China tech war

Live Mint  

SINGAPORE—The unexpected success of Chinese AI startup DeepSeek has revealed cracks in U.S. efforts to contain China’s technology ambitions, challenging both Washington and Silicon Valley to rethink how best to preserve American supremacy. The Biden administration took what it called a “small yard, high fence" approach to the U.S.’s tech rivalry with China: It erected strict barriers to prevent U.S. …

DeepSeek down live: Chinese AI app not working properly amid huge interest in ChatGPT competitor
1 month, 3 weeks ago

DeepSeek down live: Chinese AI app not working properly amid huge interest in ChatGPT competitor

The Independent  

✕ Close Trump views Chinese DeepSeek AI as 'wake-up call' for US Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy OpenAI …

Rahul Jacob: DeepSeek’s big shake-up of AI holds bigger policy lessons for us
1 month, 3 weeks ago

Rahul Jacob: DeepSeek’s big shake-up of AI holds bigger policy lessons for us

Live Mint  

In today’s world, the only predictable constant, as the cliché goes, is unpredictability. Not to be outdone, Son said this amounted to the dawn of a “golden age.” Investors grew nervous about the competitive challenge posed by the Chinese startup DeepSeek, which has developed highly efficient large language models that appear to match its American counterparts using 2,000 chips versus …

China’s DeepSeek faces questions over claims after shaking up global tech
1 month, 3 weeks ago

China’s DeepSeek faces questions over claims after shaking up global tech

Al Jazeera  

Elon Musk and Palmer Luckey are among tech leaders to cast doubts on the Chinese startup’s claimed budget and chip use. “But it’s also quite possible that that’s just the cost of fine-tuning and post-processing models that cost more, that DeepSeek couldn’t have done it without building on more expensive models by others.” In a research paper released last week, …

How DeepSeek devastated the US tech industry
Trending News
1 month, 3 weeks ago

How DeepSeek devastated the US tech industry

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Nvidia and Broadcom both saw their value drop by around a fifth “DeepSeek’s release of a premium …

DeepSeek isn’t the AI game-changer the Chinese think it is
1 month, 3 weeks ago

DeepSeek isn’t the AI game-changer the Chinese think it is

The Independent  

It is no wonder that the launch of DeepSeek, the upstart Chinese artificial intelligence outfit that wiped a trillion dollars off US tech stocks yesterday, has caused so much turmoil on the financial markets. This is also a world of “unknown unknowns” – things that AI can create and accomplish that are unimaginable, such as entirely new genres of music, …

DeepSeek is upending Wall Street’s big AI power trade
1 month, 3 weeks ago

DeepSeek is upending Wall Street’s big AI power trade

Live Mint  

The emergence of Chinese AI upstart DeepSeek has Wall Street reconsidering one of the hottest trades of the past year: providing the energy to power the artificial-intelligence boom. Nuclear-plant owner Constellation Energy and Vistra, which runs one of America’s largest fleets of gas-fueled power plants as well as solar farms, were some of the top performing stocks in the S&P …

Trump issues warning about Chinese AI startup DeepSeek to US tech titans after cheaper breakthrough rattled stock markets
1 month, 3 weeks ago

Trump issues warning about Chinese AI startup DeepSeek to US tech titans after cheaper breakthrough rattled stock markets

Daily Mail  

President Donald Trump has branded Chinese AI startup DeepSeek as a 'wake-up call' for US tech titans after fears of upheaval in the AI gold rush rocked Wall Street. President Donald Trump has branded Chinese AI startup DeepSeek as a 'wake-up call' for US tech titans after fears of upheaval in the AI gold rush rocked Wall Street Liang Wenfeng, …

DeepSeek is upsetting markets but China's own manufacturing refuses to grow
1 month, 3 weeks ago

DeepSeek is upsetting markets but China's own manufacturing refuses to grow

Firstpost  

Even as DeepSeek has rattled the US tech industry with its R1 artificial intelligence model, the Chinese economy continues to perform poorly amid slowing manufacturing sector Robotic arms assemble cars in the production line for Leapmotor's electric vehicles at a factory in Jinhua, Zhejiang province, China, April 26, 2023. Charu Chanana, the chief investment strategist at Saxo, told CNN that …

Donald Trump's 'wake-up call' warning as DeepSeek AI model sends shockwaves through US tech firms
1 month, 3 weeks ago

Donald Trump's 'wake-up call' warning as DeepSeek AI model sends shockwaves through US tech firms

Hindustan Times  

DeepSeek R1 news: US President Donald Trump has warned that the emergence of DeepSeek, a popular ChatGPT-like artificial intelligence model from China, is a “wake-up call” for Silicon Valley. The release of the latest DeepSeek model R1 last week initially received limited attention, overshadowed by Donald Trump's inauguration on the same day. OpenAI's Sam Altman reacts OpenAI chief executive Sam …

DeepSeek: What’s next for tech share prices as Nvidia suffers record $589bn drop after new AI release?
1 month, 3 weeks ago

DeepSeek: What’s next for tech share prices as Nvidia suffers record $589bn drop after new AI release?

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The emergence of Chinese artificial …

What is DeepSeek, the Chinese AI app shaking up the tech market?
1 month, 3 weeks ago

What is DeepSeek, the Chinese AI app shaking up the tech market?

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A new AI chatbot from …

What is DeepSeek and why did US tech stocks drop?
1 month, 3 weeks ago

What is DeepSeek and why did US tech stocks drop?

Deccan Chronicle  

Chinese Artificial Intelligence company DeepSeek has become one fo the most downloaded free apps on the Apple App Store following its release this month in the United States. Reports suggest that it took only $6 million to build the app, much less than the money spent by other AI companies in the US. After the news of DeepSeek’s performance spread …

DeepSeek demolishes Nvidia stock, CEO loses $20 billion in a day: Why was the tech giant worst hit?
Top News
1 month, 3 weeks ago

DeepSeek demolishes Nvidia stock, CEO loses $20 billion in a day: Why was the tech giant worst hit?

Firstpost  

The surprise success of China’s AI startup, DeepSeek, led to tech stocks being hammered in the US market. Nvidia, the leading supplier of AI chips, was largely impacted; its shares plunged 17 per cent, shedding $600 billion in value and its CEO, Jensen Huang, lost 20 per cent of his net worth. Nvidia’s Huang is poorer by nearly $20 billion …

Release of China’s DeepSeek should be ’wake-up call’ for American industries: Trump
1 month, 3 weeks ago

Release of China’s DeepSeek should be ’wake-up call’ for American industries: Trump

Live Mint  

Washington, President Donald Trump has said that the sudden rise of the Chinese app DeepSeek “should be a wake-up call” for American companies developing artificial intelligence as they need to be laser-focused on competing to win. So, you won't be spending as much and you'll get the same result," he said and quickly added a word of caution to the …

Tech Shares Feel The Tremors Of Chinese AI Model DeepSeek, Nvidia Stocks Crash 17 Per Cent
1 month, 3 weeks ago

Tech Shares Feel The Tremors Of Chinese AI Model DeepSeek, Nvidia Stocks Crash 17 Per Cent

ABP News  

Tech shares across the world suffered a massive hit following the emergence of the Chinese artificial intelligence model, DeepSeek. Tech giant, Nvidia, saw a bloodbath in the US markets as it crashed 17 per cent on Monday, reported Reuters. The company considered to be the face behind the AI boom in recent years saw a wipeout of $593 billion from …

Donald Trump's surprising take on DeepSeek, 'wake-up call’ comment shows his softening stance on China
1 month, 3 weeks ago

Donald Trump's surprising take on DeepSeek, 'wake-up call’ comment shows his softening stance on China

Firstpost  

Trump acknowledged that DeepSeek’s AI model was not only faster but also much cheaper than its US counterparts, which he believes could be a good thing for America. Image Credit: Reuters US President Donald Trump has weighed in on the rise of Chinese AI company DeepSeek, calling it both a “wake-up call” for American industries and a “positive” development for …

Trump: DeepSeek's AI should be a 'wakeup call' to U.S. industry
Top News
1 month, 3 weeks ago

Trump: DeepSeek's AI should be a 'wakeup call' to U.S. industry

The Hindu  

U.S. President Donald Trump said on Monday that Chinese startup DeepSeek's technology should act as spur for American companies and said it was good that companies in China have come up with a cheaper, faster method of artificial intelligence. "The release of DeepSeek, AI from a Chinese company should be a wakeup call for our industries that we need to …

How DeepSeek’s AI disruption sent $593 billion shockwave to Nvidia, rattled global stock markets
Trending News
1 month, 3 weeks ago

How DeepSeek’s AI disruption sent $593 billion shockwave to Nvidia, rattled global stock markets

Live Mint  

DeepSeek AI, a low-cost Chinese artificial intelligence start-up from Hangzhou, has rattled United States tech stocks and the global stock markets, tanking the value of chip maker Nvidia by as much as $593 billion overnight—a record 17 per cent one-day loss for the Silicon Valley golden child. We take a look at how DeepSeek's AI disruption sent a $593 billion …

Tech stock selloff deepens as DeepSeek triggers AI rethink
Trending News
1 month, 3 weeks ago

Tech stock selloff deepens as DeepSeek triggers AI rethink

The Hindu  

Japanese technology shares fell on Tuesday as a global market rout sparked by the emergence of a low-cost Chinese artificial intelligence model entered day two, with investors questioning the sky-high valuation and dominance of AI bellwethers. It all stemmed from a free AI assistant launched by Chinese startup DeepSeek last week that the firm said uses less data at a …

China’s DeepSeek wipes off over $1 trillion in US stocks, sends Microsoft, NVIDIA & Google crashing
1 month, 3 weeks ago

China’s DeepSeek wipes off over $1 trillion in US stocks, sends Microsoft, NVIDIA & Google crashing

Firstpost  

In the aftermath of DeepSeek’s meteoric rise, Apple surpassed NVIDIA to become the most valuable company in the US, and other tech giants like Google and Microsoft also saw significant losses Despite the restrictions, DeepSeek was able to build an impressive AI model using resources that were less expensive and less powerful than what competitors typically rely on. In the …

Chinese AI startup DeepSeek says it was hit with 'large-scale malicious attacks'
Trending News
1 month, 3 weeks ago

Chinese AI startup DeepSeek says it was hit with 'large-scale malicious attacks'

Firstpost  

Chinese technology startup DeepSeek has rattled the West with its large language model R1 that it says has been built at a fraction of what it took to make ChatGPT and other similar models Chinese technology startup DeepSeek said on Monday that it was hit by “large-scale malicious attacks” that hindered its ability to onboard new users. The R1 just …

DeepSeek undercuts belief that chip-hungry US players will win AI race
1 month, 3 weeks ago

DeepSeek undercuts belief that chip-hungry US players will win AI race

Live Mint  

Anything vaguely related to artificial intelligence was smashed on Monday after investors spent the weekend frantically googling DeepSeek-R1, the low-cost Chinese AI model released last week. “This is symptomatic of more AI supply coming at a point where AI’s still looking for a problem to solve," said Robert Almeida, global investment strategist at MFS Investment Management. The moves in prices …

Trump says Chinese AI chatbot DeepSeek a 'wake-up call' as US stocks tank $1 tn
Top News
1 month, 3 weeks ago

Trump says Chinese AI chatbot DeepSeek a 'wake-up call' as US stocks tank $1 tn

Firstpost  

The introduction of a Chinese chatbot on Monday knocked $1 trillion off the top US tech index, igniting the fight for dominance in artificial intelligence This photo illustration shows the DeepSeek app on a mobile phone in Beijing. AFP US President Donald Trump said Monday that the low-cost Chinese AI model DeepSeek was a “wake-up call” for US firms after …

Chinese AI DeepSeek sends shockwaves through US markets
1 month, 3 weeks ago

Chinese AI DeepSeek sends shockwaves through US markets

ABC  

Andy Park: The emergence of low cost AI chatbot DeepSeek has sent the tech world into a frenzy. But unlike ChatGPT, which cost billions of dollars to build and run, DeepSeek's makers revealed on Monday their program cost less than 10 million Australian dollars. Jason Pallant: The initial results of it make it seem like it's able to achieve the …

‘Wake-up call’: How a Chinese startup could rock Trump’s stock market
1 month, 3 weeks ago

‘Wake-up call’: How a Chinese startup could rock Trump’s stock market

Politico  

“A Chinese AI company releasing such a capable open-source model should be a wake-up call for America,” Chamath Palihapitiya, a major Silicon Valley investor, Trump donor and co-host of the popular “All-In” Podcast, wrote in his Substack. Last week, he signed an executive order to boost the technology, which he said would drive growth, “enhance our economic and national security, …

The DeepSeek stunner
1 month, 3 weeks ago

The DeepSeek stunner

Politico  

The DeepSeek stunner Presented by Editor’s note: Morning Money is a free version of POLITICO Pro Financial Services morning newsletter, which is delivered to our subscribers each morning at 5:15 a.m. Last week, he signed an executive order to boost the technology, which he said would drive growth, “enhance our economic and national security, and improve our quality of life.” …

How DeepSeek is upending AI and the tech industry
Top News
1 month, 3 weeks ago

How DeepSeek is upending AI and the tech industry

Salon  

An artificial intelligence chatbot from Chinese tech startup DeepSeek has upended assumptions that U.S. tech giants hold a firm grip on AI development, leading to rattled investors and renewed security concerns. AI-related companies like Nvidia, Microsoft and Oracle saw sharp declines as DeepSeek's rally erased nearly $1.2 trillion in market capitalization value from global stock names, according to Bloomberg data. …

What’s DeepSeek, China’s AI startup sending shockwaves through global tech?
1 month, 3 weeks ago

What’s DeepSeek, China’s AI startup sending shockwaves through global tech?

Al Jazeera  

Chip giant Nvidia shed nearly $600bn in market value after Chinese AI model cast doubt on supremacy of US tech firms. US President Donald Trump, who last week announced the launch of a $500bn AI initiative led by OpenAI, Texas-based Oracle and Japan’s SoftBank, said DeepSeek should serve as a “wake-up call” on the need for US industry to be …

What is DeepSeek, the Chinese AI company upending the US stock market?
1 month, 3 weeks ago

What is DeepSeek, the Chinese AI company upending the US stock market?

New Indian Express  

A frenzy over an artificial intelligence chatbot made by Chinese tech startup DeepSeek was upending stock markets Monday and fueling debates over the economic and geopolitical competition between the US and China in developing AI technology. “The models they built are fantastic, but they aren’t miracles either,” said Bernstein analyst Stacy Rasgon, who follows the semiconductor industry and was one …

Sensex, Nifty open higher despite global tech sell-off sparked by DeepSeek
1 month, 3 weeks ago

Sensex, Nifty open higher despite global tech sell-off sparked by DeepSeek

India Today  

Benchmark stock market indices opened higher on Tuesday despite the global selloff in artificial stocks sparked by China’s Deepseek AI. Most of the other broader market indices also recovered after Monday’s sharp selloff, sparked by concerns over US President Donald Trump’s trade tariffs. Major heavyweight sectoral indices such as Nifty Bank, Nifty Financial Services and Nifty IT also gained, defying …

Explained: Why China's DeepSeek triggered a slide in global AI stocks
1 month, 3 weeks ago

Explained: Why China's DeepSeek triggered a slide in global AI stocks

India Today  

Last night's trading session on Wall Street left tech and artificial intelligence companies reeling, with investors scrambling to make sense of the damage. Silicon Valley venture capitalist Marc Andreessen didn't mince words, calling DeepSeek's R1 model AI's "Sputnik moment." The comparison hits home—just as the Soviet Union's Sputnik launch kicked off the space race in the 1950s, DeepSeek's breakthrough could …

How China's DeepSeek shook up US markets, by the numbers
1 month, 3 weeks ago

How China's DeepSeek shook up US markets, by the numbers

India Today  

News from China upset U.S. markets Monday and disrupted the frenzy that had built up around artificial intelligence. DeepSeek had already hit the top of the chart for free apps on Apple’s App Store by Monday morning, and analysts said such a feat would be particularly impressive given how the U.S. government has restricted Chinese access to top AI chips. …

DeepSeek just blew up the AI industry’s narrative that it needs more money and power
1 month, 3 weeks ago

DeepSeek just blew up the AI industry’s narrative that it needs more money and power

CNN  

A version of this story appeared in CNN Business’ Nightcap newsletter. And finally, in the year 2025, here comes DeepSeek to blow up the industry’s whole narrative about AI’s bottomless appetite for power, and potentially break the spell that had kept Wall Street funneling money to anyone with the words “harnessing artificial intelligence” in their pitch deck. By its own …

DeepSeek just blew up the AI industry’s narrative that it needs more money and power
1 month, 3 weeks ago

DeepSeek just blew up the AI industry’s narrative that it needs more money and power

CNN  

A version of this story appeared in CNN Business’ Nightcap newsletter. And finally, in the year 2025, here comes DeepSeek to blow up the industry’s whole narrative about AI’s bottomless appetite for power, and potentially break the spell that had kept Wall Street funneling money to anyone with the words “harnessing artificial intelligence” in their pitch deck. By its own …

What is DeepSeek, the Chinese AI company upending the stock market?
1 month, 3 weeks ago

What is DeepSeek, the Chinese AI company upending the stock market?

Associated Press  

A frenzy over an artificial intelligence chatbot made by Chinese tech startup DeepSeek was upending stock markets Monday and fueling debates over the economic and geopolitical competition between the U.S. and China in developing AI technology. “But I think the price points freaked people out.” The ‘Sputnik’ backdrop Behind the drama over DeepSeek’s technical capabilities is a debate within the …

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