DeepSeek

Former Google CEO Eric Schmidt has cautioned that if Western nations fail to prioritize open-source artificial intelligence, China will take the lead. What Happened: Speaking at the AI Action Summit in Paris with the Financial Times, Schmidt pointed out that most leading U.S. large language models...

The rise of China's DeepSeek and its alleged use of OpenAI's models have created ripples, but economist Nouriel Roubini warns that inflationary risks and economic volatility could overshadow its impact.   What Happened: Speaking with Yahoo Finance on Wednesday, Roubini—nicknamed “Dr...

Shares of Meta Platforms Inc. (NASDAQ:META) have skyrocketed by 17.47% over the last 17 days, reregistering one of the longest winning streaks for the company led by Mark Zuckerberg, according to Benzinga Pro. What Happened: The stock trades at $719.80 apiece as of Tuesday’s close, which is...

Meta Platforms Inc (NASDAQ:META) is rewriting the record books. The stock notched its 16th straight winning session on Monday, the longest streak among the Magnificent Seven. At $717.40, it's knocking on the door of its all-time high of $725.01—and Wall Street can't seem to get enough. Resilient...

Americans have been praying for lower mortgage rates. They had no idea that a Chinese AI app could help them obtain them. A knee-jerk selloff in tech stocks on Jan. 27 prompted by a new Chinese AI tool by startup DeepSeek that rivals Chat GPT caused some of Silicon Valley’s most prominent...

The recent spotlight on DeepSeek’s owner, High-Flyer has renewed interest in quantitative hedge funds. These are pooled funds that employ sophisticated mathematical and statistical models to identify and exploit market inefficiencies. Unlike traditional hedge funds that rely on fundamental...

China’s leading automaker, BYD (OTC:BYDDY), is outpacing Tesla Inc. (NASDAQ:TSLA) in the deployment of AI-powered driving technology in the Chinese market. The company has launched a new system specifically for budget vehicles. What Happened: BYD has rolled out a new driving-assistance...

Artificial intelligence has once again taken center stage in the tech world, and this time, it's because of DeepSeek, a Chinese AI company that's making waves. Personal finance expert Suze Orman recently weighed in on the controversy surrounding the AI-powered assistant, warning that DeepSeek could...

The AI server boom that once had investors piling into U.S.-branded server stocks is losing steam, and Wall Street isn't thrilled. JPMorgan analyst Samik Chatterjee sees mounting near-term challenges for Dell Technologies Inc (NYSE:DELL) and Hewlett Packard Enterprise Co (NYSE:HPE), but he's...

The past week was a whirlwind in the world of artificial intelligence (AI), with major tech players making headlines. From Pinterest’s AI “Taste Graph” expansion to Amazon’s massive AI investment, the weekend was packed with significant developments. Here’s a quick...

As China's tech sector stages a strong comeback, investors are increasingly looking at ETFs as a way to gain exposure to this space. Whether it's internet giants, broad technology firms, or a mix of leading Chinese companies, ETFs offer a diversified way to take a bite of surrounding China's...

Big Tech is going all in on artificial intelligence, with Amazon.com Inc (NASDAQ:AMZN), Meta Platforms Inc (NASDAQ:META), Microsoft Corp (NASDAQ:MSFT) and Alphabet Inc (NASDAQ:GOOGL) (NASDAQ:GOOG) pouring a record $320 billion into AI infrastructure in 2025. That's up from $246 billion in 2024,...

Amazon.com Inc. (NASDAQ:AMZN) plans to invest about $100 billion in artificial intelligence initiatives this year, placing it ahead of its competitors. What Happened: On Thursday, during Amazon's fourth-quarter earnings call, CEO Andy Jassy said the company's $26.3 billion spending in the last...

NVIDIA Corporation (NASDAQ:NVDA) was one of several technology stocks hit by the emergence of Chinese AI competitor DeepSeek. An analyst sees the pullback as a buying opportunity. The NVDA Analyst: Morgan Stanley analyst Joseph Moore maintains an Overweight rating on Nvidia with a $152 price target...

Chinese hedge fund High-Flyer, also known as Hangzhou Huanfang Technology Ltd. Co., founded DeepSeek in 2023 intending to explore artificial general intelligence (AGI), however, much before the AI startup became popular and sent shockwaves through the world of technology, this quantitative fund was...