China is suffering from deflation, devaluation, capital flight and the loss of foreign investment — all at the same time.
From market darling to the biggest value destructor in history. Investors in computer ... under the Trump administration," he said. China has long had its own industrial policy to support local ...
There's a new entrant in the Artificial Intelligence chatbot market from China ... has lost almost $600 billion in valuation in a single day - the biggest for a single stock in market history.
The people behind ChatGPT have expressed their suspicion that China’s ultra cheap DeepSeek AI models were built upon OpenAI data. This week, Donald Trump said DeepSeek should be considered a “wake-up ...
The week’s big story has been about China’s DeepSeek low-cost AI model. Because DeepSeek requires fewer advanced chips, its ...
The emergence of DeepSeek's free assistant has placed big doubts over the US market's AI-driven rally of the past two years.
CHINA'S cheap AI app DeepSeek has rocked the tech world by soaring past ChatGPT as the global race to superintelligence hots up. DeepSeek surged to the top of Apple's App Store in the UK ...
DeepSeek, the start-up in Hangzhou that built the model, has released it as ‘open-weight ... “The fact that it comes out of China shows that being efficient with your resources matters ...
But DeepSeek's upheaval of the AI race shouldn't surprise anyone familiar with China's ... which has become something of a playbook. For example, with the help of cheap state financing and the ...
Chipmaker Nvidia saw almost $600bn wiped off its market value - the biggest drop in US stock market history - as a low-cost AI competitor from China took ... cost chips. It has since become ...