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Tech CEOs try to reassure Wall Street
Tech CEOs try to reassure Wall Street after DeepSeek shock
Leaders at Microsoft and Meta told investors that China’s DeepSeek doesn’t harm their businesses and that they will still spend billions on AI data centers.
Wall Street Calms Down After DeepSeek Selloff
Investors were feeling a little more relaxed on Tuesday, with stock futures rebounding after the rapid rise of Chinese artificial intelligence startup DeepSeek triggered a broad and deep selloff the previous session.
DeepSeek shock wave hits Wall Street
Shares in Nvidia, the leading US AI firm, dropped by 17 percent yesterday, the biggest one-day loss to the market capitalisation of a company in history, after the announcement by Chinese firm DeepSee
Meta, DeepSeek and AI
Meta defends $65bn AI spend after DeepSeek rise
Meta has defended its $65bn (£52bn) investment in artificial intelligence (AI) days after US tech stocks wobbled in the wake of Chinese AI app DeepSeek's sudden rise. Chief executive Mark Zuckerberg said to investors on Wednesday there was a lot to learn from DeepSeek,
Meta, Microsoft downplay DeepSeek threat
Meta CEO Mark Zuckerberg, meanwhile, seemed to downplay the threat posed by DeepSeek, saying that the industry is constantly changing and DeepSeek’s announcement is simply a part of that ebb and flow.
Zuckerberg Says DeepSeek ‘Strengthened Our Conviction' as Meta Spends Big on AI
Key Takeaways Meta CEO Mark Zuckerberg said Wednesday’s that the rapid rise of competitors from China has only strengthened the tech giant’s commitment to its AI ambitions. The CEO said it’s too early to know how growing competition from China could impact its future investments.
2d
on MSN
DeepSeek Is Upending Wall Street’s Big AI Power Trade
The selloff extended to shares of natural-gas producers, pipeline operators, mining companies, and electricity generators.
10h
DeepSeek Upended Wall Street's Rosy View Of AI Stocks Like Nvidia. What That Means For U.S. Hopes To Outrun China.
While AI stocks may rebound from their DeepSeek-induced market sell-off, the U.S. clearly faces a threat from China in ...
1d
Should You Buy Nvidia Stock in the Wake of the DeepSeek Bombshell? Here's What Wall Street Is Saying.
Technology stocks were rocked to their core Monday after claims made by a Chinese start-up threatened to upend the existing ...
2h
on MSN
DeepSeek Is Not a Good Reason for Big Tech to Become More Powerful
DeepSeek’s disruption signals that the U.S. needs more competition, not Big Tech dominance, to be the world's AI leader ...
3d
on MSN
What is DeepSeek? Why China’s latest AI model is spooking Wall Street and Silicon Valley
Wall Street and Silicon Valley were in a tailspin on Monday due to the stunning rise of DeepSeek – a Chinese artificial ...
CBS News
3d
What is DeepSeek, and why is it causing Nvidia and other stocks to slump?
A Chinese artificial intelligence company called
DeepSeek
is grabbing America's attention — and sending a shock wave through
Wall
Street
— due to its new tech, which some experts say rivals ...
3d
Wall Street Lunch: DeepSeek Disrupts The AI Trade - For Now
AI stocks got slammed as the China app challenged cost and demand assumptions. Bond yields plunge and cash moves to safety.
2h
Apple profit tops Wall Street target even as iPhone, China sales fall short
Apple beat Wall Street's quarterly profit estimates on Thursday, but iPhone sales and China revenue for the holiday quarter ...
21h
on MSN
Did DeepSeek copy ChatGPT to make new AI chatbot? Trump adviser thinks so
Did the upstart Chinese tech company DeepSeek copy ChatGPT to make the artificial intelligence technology that shook Wall ...
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