New Chinese app DeepSeek is tops among Apple Store apps. Why that's bad news for Nvidia
DeepSeek AI, favored by investors over ChatGPT, uses rapid advancements with cheaper chips as U.S. tech restrictions fuel China’s AI innovation.
Chinese AI Startup DeepSeek Overtakes ChatGPT on Apple App Store
Chinese startup DeepSeek's AI Assistant on Monday overtook rival ChatGPT to become the top-rated free application available on Apple's App Store in the United States. Powered by the DeepSeek-V3 model,
DeepSeek hits No. 1 on Apple's App Store
DeepSeek, a Chinese startup, rocked the AI world after debuting a model that rivaled the capabilities of OpenAI's ChatGPT for a fraction of the price.
China’s DeepSeek AI is hitting Nvidia where it hurts
A chatbot made by Chinese artificial intelligence startup DeepSeek has rocketed to the top of Apple’s App Store charts in the US this week, dethroning OpenAI’s ChatGPT as the most downloaded free app.
China's DeepSeek AI is suddenly on top of Apple's App Store — dethroning ChatGPT
DeepSeek, a Chinese artificial intelligence startup, has recently captured significant attention by surpassing ChatGPT on Apple Inc.’s App Store download charts. The company’s AI assistant reached the number one position shortly after the release of its latest open-source AI model,
DeepSeek Surges on App Store: What Is the Chinese AI Model and Why Is It a Big Deal?
DeepSeek sent shock waves through the artificial intelligence world this past weekend and Wall Street on Monday. If you follow the tech industry even sparingly — or happened to jump on X or the App Store recently — you likely saw the name.
The Nvidia stock rout sent CEO Jensen Huang's net worth plummeting $18 billion
CEO Jensen Huang’s net worth plunged $18 billion Monday as the chipmaker’s stock continues to free fall. Huang was worth $106 ...
Nvidia loses more than $500 billion in market value after Chinese AI startup bursts onto scene
With Monday’s losses, Apple has retaken the title of world’s most valuable company and Nvidia’s value sank to around $2.8 ...
Nvidia No Longer World's Most Valuable Company as $500 Billion Wiped Off Market Cap
In what marks the largest single-day drop in stock market history, Nvidia's valuation has been hit by China's answer to ChatGPT.
What is DeepSeek, and why is it causing Nvidia and other stocks to slump?
Chinese startup DeepSeek has debuted an AI app that challenges OpenAI's ChatGPT and other U.S. rivals, sending a shock ...
1 Market-Beating ETF That Doesn't Have Nvidia, Microsoft, or Apple Among Its Top 3 Holdings
Many top exchange-traded funds (ETFs) that have been outperforming the S&P 500 in recent years all have a common theme, which ...
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.
Nvidia Stock Is Up Over 900% Since 2023. Here's Why It's Still a Screaming Buy.
Since the start of 2023, Nvidia's (NASDAQ: NVDA) stock has gained an astronomical 906% as of the time of writing. While this ...
DeepSeek's ultra-cost-effective AI plummets NVIDIA stock prices — wiping out $500 billion in market valuation
NVIDIA lost $500 billion of market value in a single day because of DeepSeek.
Nvidia plunges 18% and tech stocks slide as China's DeepSeek spooks investors
DeepSeek topped the Apple App Store chart and sparked fears the Chinese company was quickly catching up with OpenAI's ChatGPT ...
What is DeepSeek? Chinese AI competitor sends Nvidia and other tech stocks plummeting
In Amsterdam, Dutch chipmaking equipment company ASML slid 7%. In Tokyo, Japan’s Softbank Group Corp. lost 8.3% to pull ...