Year: 2025
How U.S. efforts to restrict China from Nvidia’s fastest chips may have backfired
DeepSeek’s rattling of the artificial intelligence market has been several years in the making, with analysts viewing the Chinese company’s shocking advance in the field as an unintended consequence of U.S. trade policy. Starting under the Biden administration in 2022, the U.S. has imposed export controls to keep China from accessing high-performance semiconductors, primarily from […]
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Apple turns its AI on by default in latest software update
Tim Cook, chief executive officer of Apple Inc., greets customers during the first day of in-store sales of Apple’s latest products at Apple’s Fifth Avenue store in New York, US, on Friday, Sept. 20, 2024. Victor J. Blue | Bloomberg | Getty Images Apple on Monday released a software update for iPhones, iPads and Macs […]
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Stocks making the biggest moves midday: Nvidia, Oracle, Constellation Energy, AT&T and more
Check out the companies making headlines in midday trading: Nvidia — The chipmaker tumbled nearly 16% as the performance of a language model from Chinese startup DeepSeek raised questions about the amount of investment in artificial intelligence. With that performance, the high-flying AI name is on track to notch its worst day since March 2020. […]
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DeepSeek hit with large-scale cyberattack, says it’s limiting registrations
DeepSeek on Monday said it would temporarily limit user registrations “due to large-scale malicious attacks” on its services, though existing users will be able to log in as usual. The Chinese artificial intelligence startup has generated a lot of buzz in recent weeks as a fast-growing rival to OpenAI’s ChatGPT, Google’s Gemini and other leading […]
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How the buzz around Chinese AI model DeepSeek sparked a massive Nasdaq sell-off
Dado Ruvic | Reuters A young Chinese AI startup DeepSeek sparked a massive rout in U.S. technology stocks on Monday as its highly competitive — and potentially shockingly cost-effective — models stoked doubts about the hundreds of billions that America’s biggest companies are spending on artificial intelligence. DeepSeek’s emergence is shaking up investor confidence in […]
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China’s DeepSeek AI dethrones ChatGPT on App Store: Here’s what you should know
On Monday, Chinese artificial intelligence startup DeepSeek took over rival OpenAI’s coveted spot as the most-downloaded free app in the U.S. on Apple‘s App Store, dethroning ChatGPT for DeepSeek’s AI Assistant. Global tech stocks sold-off and were on pace to wipe out billions in market cap. Tech leaders, analysts, investors and developers say that the […]
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Stocks making the biggest moves premarket: Nvidia, Microsoft, Constellation Energy, AT&T and more
Check out the companies making headlines in premarket trading. Nvidia — The artificial intelligence darling saw shares tumbling more than 11% in premarket trading, on track for its worst day since March 2020. The sell-off occured after Chinese startup DeepSeek launched a free open-source large-language model in late December, saying it was developed in just two […]
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Trump tariffs could raise prices on technology like laptops, smartphones and AI
Workers weld acid batteries at the Leoch International Technology Ltd. factory in Saltillo, Coahuila, Mexico, on Monday, Oct. 7, 2024. Mauricio Palos | Bloomberg | Getty Images The world’s most valuable chipmaker and the world’s largest contract manufacturer for electronics announced in November that Foxconn was building a massive factory in Guadalajara, Mexico, to assemble […]
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5 things to know before the stock market opens Monday
Here are the most important news items that investors need to start their trading day: 1. Strong run threatened U.S. stocks were set to fall to start the week. Shares of AI companies – which have driven the market in recent months – tumbled amid concerns about a possible lower-cost AI competitor in China. The […]
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Bitcoin tumbles below $98,000 in risk-off move as Nasdaq stocks are crushed
A bitcoin is on a screen showing the bitcoin-U.S. dollar exchange rate. Fernando Gutierrez-Juarez | picture alliance | Getty Images Cryptocurrencies tumbled to begin the final week of January, with the market in a cooling period after running to a new record and pulled lower by the DeepSeek-driven sell-off in tech stocks. The price of […]
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