Marc Andreessen [archival audio]: The deal was somebody like me basically could start a company. You could invent a new technology, in this case, web browsers and all the other things that Netscape did. Everybody would think that that was great.
DeepSeek claims it took two months and less than $6 million to build its R1 AI model. President Donald Trump called the news a wakeup call for Silicon
If the most sought-after AI chips aren't as vital as previously thought, an entire ecosystem built around massive AI investment could be in jeopardy.
Plus, takeover talks between Switzerland’s SGS and France’s Bureau Veritas fall apart, and junior lawyers pivot to private equity
The success of a mysterious Chinese lab has investors questioning the AI spending boom that has swept through Silicon Valley.
The new AI model from China's DeepSeek performs on a level with leading US models without requiring as much computing power – but despite a huge drop in their stock, it's not game over for US tech com
DeepSeek R1, the surprisingly efficient and powerful Chinese AI model, has taken the technology industry by storm and is rattling nerves on Wall Street.
DeepSeek spooked US markets on news that the model’s developers were able to produce a worthy competitor to American AI firms like OpenAI at a fraction of the cost. The firm claims it was able to develop its AI model on a shoestring budget of just under $6 million using less advanced hardware from semiconductor manufacturer Nvidia.
Chinese artificial intelligence company DeepSeek says it is temporarily halting new registrations due to a cyberattack.
Wariness is passé on Wall Street. Cautious uncertainty over lingering inflation and geopolitical turbulence have been replaced by giddiness over the deregulatory bonanza financial firms expect President Donald Trump’s administration to deliver.
Major AI players, including Nvidia, Meta, Microsoft, and Alphabet, saw significant losses, with Nvidia shedding over 11% and losing $400 billion in market value. Analysts highlighted China’s growing challenge to US tech dominance.
The AI frenzy that has reshaped the tech world and commanded the attention of Wall Street took an anxious ... American venture capitalist Marc Andreessen called the model “one of the most ...