China’s DeepSeek AI app sends U.S. tech stocks reeling
Silicon Valley and Washington leaders said the app shows China can challenge the U.S. The Nasdaq lost 3 percent and chipmaker Nvidia shed $589 billion in market capitalization.
China's DeepSeek AI sows doubts about US tech edge. Nasdaq, S&P 500 slide but Dow edges up
The Nasdaq & S&P 500 fell after Chinese startup DeepSeek shows AI can be built cheaply, sparking fears AI spending will stall. The blue-chip Dow rose.
What is DeepSeek, the Chinese AI company upending the stock market? AP Explains
A frenzy over an artificial intelligence chatbot made by Chinese tech startup DeepSeek upended stock markets Monday, fueling debates over the economic and geopolitical competition between the U.S. and China in developing AI technology.
Nasdaq drops 3% as China's DeepSeek AI model hits tech shares
Nasdaq posted its biggest one-day percentage drop since Dec. 18 on Monday as a low-cost Chinese artificial intelligence model prompted a steep selloff in U.S. chipmakers. AI leader Nvidia sank 17%, and it erased about $593 billion in stock market value,
Chinese AI chatbot DeepSeek sends shares in US tech firms plummeting
Shares in major US technology firms have plunged after the rapid rise of a low-cost chatbot built by a Chinese artificial intelligence (AI) firm. The DeepSeek app, which was launched last week, has overtaken rivals including OpenAI's ChatGPT to become the most downloaded free app in the US.
After new CIA finding, China says ‘extremely unlikely’ COVID-19 came from a lab
China on Monday dismissed the possibility that the virus that caused COVID-19 leaked from a lab, after the CIA said it now ...
China signals willingness to accept Chinese nationals repatriated from the US
US officials are frustrated by what they say is Beijing’s refusal to cooperate on repatriation. Read more at straitstimes.com ...
China signals willingness to repatriate confirmed Chinese nationals from the US
China said on Monday it is willing to repatriate confirmed Chinese nationals from the United States, as U.S. President Donald ...
Biden says he ‘managed’ frosty China relations. Critics say management was the problem.
Biden says his administration successfully ‘managed’ frosty China relations to prevent outright conflict. Critics say he didn ...
Biden Made a Global Push to Constrain China. What Will Trump Do?
Jake Sullivan, the national security adviser, said in an interview that “we’ve just stuck with our theory, which is managed ...
Mises Institute19h
Joe Biden’s Failed Foreign Policy Legacy
Not only was Joe Biden a failed president domestically, but he also was a failure in his foreign policy. From sending troops ...
Digi Times7d
China condemns Biden's final chip restrictions as 'irrational'
Chinese industry experts have denounced the latest US chip restrictions on China as President Joe Biden's "final act of ...
Nvidia, Microsoft shares tumble as China-based AI app DeepSeek hammers tech giants
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.
Biden warns of a 'tech industrial complex' and says America must lead the way on AI, not China, in farewell address
President Joe Biden warned that an oligarchy was taking shape in America during his farewell address on Wednesday.
Biden's late moves on China, Russia, AI may mostly boost Trump
With just days to go in his presidency, U.S. President Joe Biden is releasing a flurry of new measures that challenge China's ...
TikTok fight sets the tone for US-China relations under Trump 2.0
The Supreme Court upheld the TikTok ban, causing the app to go dark for half a day. Then, Trump issued an executive order to ...