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AI stocks dropped Monday amid concerns about a more cost-effective Chinese AI model. DeepSeek's model, R1, is said to perform as well as advanced US models but at a fraction of the cost. Analysts say this could lead to overinvestment in AI infrastructure by US companies and pressure on AI chip prices.
Published on: January 27, 2025, 06:02 PM UTC
DeepSeek, a Chinese AI startup, unveils reasoning models comparable to OpenAI's for a fraction of the cost, sparking a tech stock sell-off and raising concerns for Nvidia's GPU business.
Published on: January 27, 2025, 06:01 PM UTC
AI Frenzy Shaken by Chinese Upstart: DeepSeek Raises Concerns Over US Leadership
Published on: January 27, 2025, 06:00 PM UTC
Nvidia Stock Plunges 13% as DeepSeek AI Model Raises Questions About Spending
Published on: January 27, 2025, 05:04 PM UTC
LinkedIn founder Reid Hoffman chats with the AP about the risks and rewards of artificial intelligence, his new book "Superagency," and the evolution of technology in Silicon Valley.
Published on: January 27, 2025, 05:04 PM UTC
AI Stocks Tumble Amid Emergence of Cost-Effective Chinese Competitor, Raising Questions About Western Investments
Published on: January 27, 2025, 05:01 PM UTC
AI-Powered Stock Sell-Off Hits Energy Sector as DeepSeek's Advance Raises Questions on Spending
Published on: January 27, 2025, 05:01 PM UTC
AI's Rise Raises Questions Over Spending, US Dominance in Power Stocks
Published on: January 27, 2025, 05:01 PM UTC
Tesla’s post-election rally may resume as analysts remain bullish on the company's AI potential. Despite recent declines, Tesla shares are still up 65% since Nov. 5. Analysts at Piper Sandler and Wedbush raised their 12-month price targets this week, with Piper Sandler naming Tesla its top "buy-and-hold idea" and Wedbush calling the new administration a "total game changer" for the company.
Published on: January 27, 2025, 04:04 PM UTC
Nvidia stock drops 12% on fears of AI model cost reduction from China's DeepSeek, leading to sell-off in chip stocks and the broader market.
Published on: January 27, 2025, 04:02 PM UTC