The emergence of China-based AI app DeepSeek sent shares plummeting on Monday for many U.S. tech giants, including chipmaker Nvidia and AI-backer Microsoft.
Mitesh Agrawal is leaving Lambda Labs to head a little known AI hardware startup trying to take on Nvidia.
Reports that Chinese AI lab DeepSeek has created an AI model that rivals U.S. models sent shockwaves through AI chip stocks ...
Shares of Nvidia tumbled Monday after the release of a sophisticated artificial intelligence model from a Chinese startup ...
It’s not just Nvidia. Chip makers, data-center operators and other companies looking to sell picks and shovels into the gold rush of the artificial-intelligence boom are getting a brutal beat-down.
Tech stocks tumbled as Chinese AI startup DeepSeek's advances raised fears of intensified competition, shaking investor ...
DeepSeek, which was developed by a start-up based in the eastern Chinese city of Hangzhou, has shown the ability to match the ...
The news is the latest sign of skyrocketing valuations for privately held AI start-ups, which show growing investor ...
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