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AI, China and s&p 500
China's DeepSeek AI roils US stocks at open, brings doubts about US tech edge
Other chip stocks like Micron declined 9.89% and AMD shed 4.92%. Chinese sartup DeepSeek released on Jan. 20 a cost-efficient AI model to compete with OpenAI using a fraction of computing power,
Tech stocks fall as China's DeepSeek sparks U.S. worries about the AI race
DeepSeek released an open-source artificial intelligence model in December after saying that it took only two months and less than $6 million to create it.
Nvidia plunges 18% and tech stocks slide as China's DeepSeek spooks investors
DeepSeek topped the Apple App Store chart and sparked fears the Chinese company was quickly catching up with OpenAI's ChatGPT while costing far less.
China Vanke's CEO, chairman resign
China Vanke's CEO, chairman resign as $6.2 billion forecast loss deepens concerns
Property developer China Vanke said on Monday its chairman Yu Liang and CEO Zhu Jiusheng stepped down as it forecast a record $6.2 billion net loss for 2024, as concerns over the company's liquidity deepen.
China Vanke’s Chairman and CEO to Resign From Roles
Chairman Yu Liang applied to resign due to “work adjustment reasons,” Vanke said in a filing to the Hong Kong stock exchange on Monday. He will remain as a director of the com
Chinese Property Giant Vanke Warns Of Huge Loss, CEO Resigns
Indebted Chinese property giant Vanke warned Monday of a major loss last year amid a continuing market slump, while also saying its CEO was resigning due to "health reasons".
1h
on MSN
US Ally To Put More Missiles Near China's Coast
Japan plans to deploy anti-air missiles on the front line of China-Taiwan tensions, Tokyo's defense chief says. Newsweek ...
1h
on MSN
What is China’s DeepSeek and why is it freaking out the AI world?
DeepSeek has already put global tech stocks on track for $1 trillion wipeout.
5h
China's fossil-fuelled power output may fall in 2025 for first time in decade
China's mostly coal-based thermal power generation is set to fall in 2025 for the first time in a decade, some analysts ...
6h
China’s shoestring AI humiliates US and could undermine Trump
A Chinese AI model built on a shoestring budget has shocked Silicon Valley and presented a major challenge to Donald Trump.
13h
China’s Large and Mysterious Dam Project Is Alarming Neighbors and Experts
The hydropower dam, in quake-prone Tibet, is set to be the world’s biggest. But China has said little about the project, ...
1h
on MSN
Tesla, BMW sue EU after China-made EVs hit by tariffs
BMW said in a statement that EU duties on battery electric vehicles “harm business models of globally active companies.” ...
5h
on MSN
US stock futures sink as investors weigh China challenge to US dominance in AI. Nvidia drops 12%
Investors dumped technology stocks in premarket trading Monday, sending U.S. indexes sharply lower after Chinese artificial ...
7h
In China, Government Data on Drugs Blocked From Public After Backlash
Criticism over how the Chinese government buys drugs for its public health care system has ignited frustration over the ...
4h
on MSN
Silicon Valley Is Raving About a Made-in-China AI Model
DeepSeek is called ‘amazing and impressive’ despite working with less-advanced chips.
5h
Wall St opens sharply lower as China's AI push rattles Big Tech
Wall Street's main indexes opened lower on Monday, as the surging popularity of a low-cost Chinese artificial intelligence ...
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