In the US, DeepSeek's accomplishments sparked accusations that it had improperly accessed technology from OpenAI and other leaders, though the allegations remain unproved
Conversations to restrict shipments of those chips to China are in very early stages among Trump officials and the idea has been under consideration
In the previous session, the Sensex jumped 631.55 points, or 0.83 per cent, to settle at 76,532.96. The Nifty50 also added 205.85 points, or 0.90 per cent, to close at 23,163.10
DeepSeek, an innovative AI disruptor from China, is making waves globally. Its flagship model, DeepSeek-R1, challenges the dominance of AI giants like OpenAI. So, what exactly is DeepSeek?
Use your intelligence to move forward in life, said Reliance Industries (RIL) chairman Mukesh Ambani while addressing students at the convocation event of Pandit Deendayal Energy University
US and Australian officials warn against using China's DeepSeek AI, citing national security threats; the US Navy has banned its personnel from using the chatbot
The superstar run for Nvidia's stock the last few years has been astonishing. So was its tumble Monday, which caused USD 595 billion in wealth to vanish. That's about as much as PepsiCo, McDonalds, Starbucks and Target are worth, combined. Mostly known only in gaming and crypto circles a few years ago, Nvidia burst into the zeitgeist after seeing its sales surge because customers wanted its chips to train their chatbots and other artificial intelligence products. Nvidia became a household name as its stock more than tripled in 2023 and then more than doubled in 2024. Investors and analysts lauded CEO Jensen Huang as the Godfather of AI. Nvidia grew into a USD 3 trillion-plus behemoth and traded places with titans like Apple to become the most valuable company on Wall Street. But that all came to a screeching halt Monday, at least for a moment, after a Chinese upstart called DeepSeek said it had developed a large-language model that could perform like ChatGPT and other US rivals, but
The emergence of an almost-as-good AI utility created at much lower cost that also uses much less energy has set the proverbial cat amongst the pigeons.
Behind the rout was the emergence of a low-cost Chinese artificial intelligence model that made investors question the dominance of AI bellwethers and their suppliers
DeepSeek's AI breakthroughs are shaking up Nvidia and tech stocks, raising concerns about the future of semiconductors and AI development
The US microchip export controls were designed to freeze China's development of supercomputers used to develop nuclear weapons and artificial intelligence systems
Billionaires whose fortunes are linked to artificial intelligence were the biggest losers: Huang saw his fortune fall $20.1 billion, a 20 per cent drop
Nvidia's market-cap loss on Monday was more than double the previous one-day record, set by Nvidia last September
At 6:31 AM, GIFT Nifty futures pointed to a positive start, trading 76 points higher at 22,922
The benchmark S&P 500 was down 1.6 per cent to 6,003.04, dragged down by technology stocks. AI chipmaker Nvidia was down nearly 14 per cent to $123.02
The S&P 500 fell as much as 2.3 per cent early Monday and the Nasdaq 100 tumbled as much as 3.6 per cent before paring the drop
The Stargate Project will focus on building data centres dedicated exclusively to OpenAI as the company continues to expand its generative AI computing capabilities
Taiwan took another step in enhancing its key role in the production of advanced semiconductor chips used for artificial intelligence on Thursday with the inauguration of a new plant by Siliconware Precision Industries Co. The opening ceremony for the Tan-Ke factory in the central city of Taichung was attended by Jensen Huang, CEO and co-founder of California-based Nvidia Corp, a world leader in the design of AI chips, reinforcing the companies' partnership in the production of advanced AI chips. SPIL is a leader in semiconductor packaging and testing. The technology that we're working on is becoming more sophisticated. Chips are getting more and more complex, and the packaging technology will need to evolve as well. What's even more exciting is the integration of silicon photonics, enabling us to connect multiple packages into one massive system, Huang said. He said Nvidia's partnership with SPIL would be instrumental in pushing the boundaries of innovation in coming years. Huang
That turbulence has been on display recently, with Nvidia shares slumping after a presentation by Chief Executive Officer Jensen Huang fell short of investors' high expectations
Similar to the rules for importing countries, companies in the US and nearly 20 allied countries can agree to US government standards and win permission to ship to the restricted nations