According to a paper authored by the lab, the DeepSeek-R1 model outperforms cutting-edge models such as OpenAI’s o1 and Meta’s Llama AI models across multiple benchmarks.

Even if you don't pay much attention to the stock market, chances are you've heard about Nvidia and its share price today. Catch up on why it matters.

Shares of leading designer of graphics chips Nvidia (NASDAQ:NVDA) fell 13% in the morning session as stocks heavily tied to the AI market took a hit after Chinese artificial intelligence startup DeepSeek released a new large language model (DeepSeek-R1) that ranks competitively on key global benchmarks (coding competitions,

Since the start of 2023, Nvidia 's (NASDAQ: NVDA) stock has gained an astronomical 906% as of the time of writing. It's also right around its all-time high right now, but these two facts may scare some investors off.

the chip maker saw its market value drop by $593 billion, the biggest one-day drop for any listed company on record.

Other technology stocks trading at relatively low valuations to historical levels include Micron, Super Micro and Workday.