by Bloomberg.com | Jan 27, 2025 | AlphaTack Intel
DeepSeek’s entry a ‘big surprise’ to some, says Thematics AM Market is overreacting, says Optigestion fund manager Domont The arrival of China’s DeepSeek is fanning concerns among investors over whether US tech stocks deserve their rich valuations. The drop of more...
by Bloomberg.com | Jan 27, 2025 | AlphaTack Intel
Vistra, Constellation sink as DeepSeek AI model shakes market Stocks were buoyed last week by Trump’s Stargate announcement A selloff in global technology stocks is causing shockwaves beyond chipmakers and the Magnificent Seven to companies expected to power the...
by Bloomberg.com | Jan 27, 2025 | AlphaTack Intel
DeepSeek model seen as cost-effective on less-advanced chips Technology shares slumped Monday on concerns over valuations Chinese startup DeepSeek has shaken the belief that only a few firms with huge budgets can compete in the artificial intelligence field —...
by Fortune.com | Jan 27, 2025 | AlphaTack Intel
DeepSeek’s reasoning model R1 not only destroys the myth that China can only copy the West, it may even be poised to eclipse it in the AI tech race. China’s artificial intelligence breakthrough is shaking the foundation of the West’s dominance in this technological...
by CNBC.com | Jan 27, 2025 | AlphaTack Intel
Key Points U.S. technology firms like Nvidia plunged after Chinese startup DeepSeek sparked concerns over competitiveness in AI and America’s lead in the sector. DeepSeek launched a free, open-source large language model in late December, claiming it was developed...
by Bloomberg.com | Jan 27, 2025 | AlphaTack Intel
App’s lower-cost model upends premise for AI spending boom Stocks of chip gear makers ASML and Advantest plunge Chinese startup DeepSeek’s eponymous AI assistant rocketed to the top of Apple Inc.’s iPhone download charts, stirring doubts in Silicon Valley about the...