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Wall St opens sharply lower

Wall St opens sharply lower as China's AI push rattles Big Tech

Wall Street's main indexes opened lower on Monday, as the surging popularity of a low-cost Chinese artificial intelligence model sparked a selloff in chipmaker Nvidia and other companies that stand to benefit from investments into the technology.

LIVE

Mint · 42m

US Stock Market LIVE: Wall Street sinks after China's AI push rattles Big Tech; Nvidia crashes 12% on DeepSeek fear

Wall Street is tumbling Monday on fears that the market's winners who have feasted on the AI frenzy are under threat from a competitor in China that can do similar things for much cheaper.

Yahoo · 6h

Nasdaq futures tumble as China's AI push rattles Big Tech

Chinese startup DeepSeek has rolled out a free assistant it says uses lower-cost chips and less data, seemingly challenging a widespread bet in financial markets that AI will drive demand along a supply chain from chipmakers to data centers.

NVIDIA falls 14% in premarket trading

London Evening Standard · 6m

Global shares in $1 trillion rout after China's DeepSeek sends AI and tech stocks plunging

The shock came after DeepSeek said it had developed a large language model known as R1 that can compete with U.S. giants but at a fraction of the cost. It is said to have spent less than $6 million developing the model.

CNBC on MSN · 5h

Nvidia falls 14% in premarket trading as China's DeepSeek triggers global tech sell-off

DeepSeek launched a free, open-source large-language model in late December, claiming it was developed in just two months at a cost of under $6 million.

New York Post on MSN · 2h

Nvidia shares fall 12% as Chinese AI startup DeepSeek triggers panic selloff on Wall Street

Big technology stocks including Nvidia, Microsoft, Meta and Tesla tumbled in premarket trading on concerns that a Chinese artificial intelligence startup could threaten America’s dominance in AI. Shares of Nvidia plunged nearly 12% on news reports about the capabilities of DeepSeek — a China-based startup which has made waves in the industry after launching a free,

39mon MSN

Wall Street sinks as investors weigh China challenge to U.S. dominance in AI

Wall Street is tumbling on fears the big U.S. companies that have feasted on the artificial-intelligence frenzy are under ...

Wall Street Breakfast Podcast: China's DeepSeek Outshines U.S. AI Giants

Chinese AI DeepSeek rattles Silicon Valley. Meta offering creators deals to promote Instagram on other apps: report.

5hon MSN

Q&A: What is China’s DeepSeek and why is everyone in the AI world freaking out about it?

Wall Street is expected to open lower on Monday on the back of the arrival of DeepSeek, a ChatGPT rival that venture ...

What is DeepSeek, the Chinese AI firm that caused $1 trillion rout on Wall Street?

DeepSeek, a little-known Chinese firm founded in May 2023, has sent shockwaves through Silicon Valley and Wall Street. Its researchers have claimed that they spent under $6 million (Rs 51 crore) on it ...

USA Today7d

Trump wants to visit China as president in first 100 days: WSJ

U.S. President-elect Donald Trump has told advisers he wants to travel to China after he takes office, the Wall Street ...

5don MSN

Apple's China problems keep weighing on the stock

Apple faced two downgrades ahead of earnings, with analysts citing weak iPhone demand. China continues to be a headwind for ...

Stock market today: Stocks stall but cap winning week as Trump's remarks rattle Wall Street

Existing home sales climbed 2.2% in December to a seasonally adjusted annual rate of 4.24 million, according to the National ...

Apple Stock May Fall As China iPhone Sales Plunge

In China, Apple’s second largest market, iPhone sales fell 18% in the December ending quarter, according to Bloomberg.

Business Times1h

US: Wall St opens sharply lower as China's AI push rattles Big Tech

Wall Street’s main indexes opened lower on Monday (Jan 27), as the surging popularity of a low-cost Chinese artificial ...

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