Posts with tag: technology
Starbucks is bringing back classic coffeehouse vibes with condiment bars, handwritten cup names, and more intricate macchiato designs. CEO Brian Niccol aims to enhance the customer experience and transform Starbucks into a premium hangout spot.
Published on: January 27, 2025, 07:04 PM UTC
Apple and Meta stocks surge while AI chipmakers plunge after DeepSeek's AI model breakthrough. Apple benefits from efficient AI models for iPhone, while Meta invests heavily in its own AI development.
Published on: January 27, 2025, 07:03 PM UTC
A Chinese AI model called DeepSeek is shaking up the tech world and challenging US dominance. With cheaper chips and less data, it's raising questions about the spending of American tech giants. Its success may undermine the current development process of AI assistants and impact the stock market.
Published on: January 27, 2025, 07:02 PM UTC
Nvidia Shares Plunge Over Rival AI Model Emergence
Published on: January 27, 2025, 07:01 PM UTC
Vertiv (VRT) stock plunged 30.65% after the release of a competitive AI model, DeepSeek-R1, raising concerns over market demand for data center infrastructure.
Published on: January 27, 2025, 07:00 PM UTC
AI-driven power stocks plummeted Monday as Chinese startup DeepSeek's AI advancements raised concerns about US AI spending and market dominance.
Published on: January 27, 2025, 07:00 PM UTC
AI Frenzy Shaken by Chinese Upstart: DeepSeek Raises Concerns Over US Leadership
Published on: January 27, 2025, 06:00 PM UTC
Chinese AI startup DeepSeek released a new generative AI model called R1, which is cited as more cost-effective than Western models. This news caused a sell-off in AI stocks, with Nvidia, AMD, and Broadcom all dropping significantly. Analysts are questioning whether the Western world's gargantuan spending on AI infrastructure is necessary.
Published on: January 27, 2025, 05:04 PM UTC
President Trump may clash with the Fed, which is hinting at holding interest rates steady despite his demands for lower rates. Inflation concerns and Trump's policies are influencing the Fed's cautious approach. Some economists see a possibility of rate hikes due to higher deficits and other factors.
Published on: January 27, 2025, 05:03 PM UTC
The S&P 500 and Nasdaq plummeted after Chinese AI startup DeepSeek announced a lower-cost large language model, hitting tech shares, AI chipmakers, and power providers. AT&T outperformed with subscriber growth.
Published on: January 27, 2025, 05:00 PM UTC