Shares in Nvidia, the leading US AI firm, dropped by 17 percent yesterday, the biggest one-day loss to the market capitalisation of a company in history, after the announcement by Chinese firm DeepSee

DeepSeek, the hottest name in artificial intelligence, took a Chinese hammer to several tech companies on Monday, with Microsoft, Google and especially Nvidia seeing their stock prices take a noticeable hit.

US experts express caution over Deepseek’s claims of lower costs, reduced chip levels, awaiting more information about possible manufacturing breakthrough

Many quantum computing stocks have risen well above Wall Street's price targets, but this one still has room to climb.

Tired of trailing OpenAI, Chief Executive Sundar Pichai wants his Gemini chatbot to be used by 500 million people.

Wall Street is tumbling on fears the big U.S. companies that have feasted on the artificial-intelligence frenzy are under threat from a competitor in China. The S&P 500 fell 1.8% in early trading Monday.

The S&P 500 dropped 1.7 per cent, and the Nasdaq 100 slipped 3.1 per cent. With big tech stocks crashing, US stocks were set for their worst day since the last US Federal Reserve policy verdict roiled

Major US tech stocks — including Nvidia, Microsoft and Tesla — suffered a stunning $1 trillion rout on Monday as fears over an advanced Chinese artificial intelligence model triggered hysteria from Wall Street to Silicon Valley.

Nvidia is that one stock that saw a meteoric surge, taking Wall Street to new heights last year. However, DeepSeeks business module and popularity, has triggered a market rout of up to $1 trillion in US market,

A surprisingly efficient and powerful Chinese AI model has taken the technology industry by storm. It's called Deepseek R1, and it's rattling nerves on Wall Street.

China's DeepSeek R1 AI model is causing a stir with its low-cost capabilities, challenging U.S. tech industry dominance.