Earlier this week, many technology stocks sold off sharply on news of DeepSeek R1, the groundbreaking, low-cost AI model from China that materially lowered the cost of deploying AI. Amazon (NASDAQ: AMZN) founder Jeff Bezos once said,
AI arms race fueled by DeepSeek and Alibaba's AI models. Investors can profit from trend with AI-focused ETFs, including AIQ, ARKQ, QQQ.
State Grid is the only utility company on the list. It's also the largest utility company in the world. Despite not being a technology company, it uses plenty of generative AI applications, including grid optimization via predicting demand, predictive maintenance, and smart grid development.
On Monday, Hong Kong-listed growth stocks had a strong day, as the Hang Seng Index gained +1.75% and the Hang Seng Tech Index gained +2.59% following U.S. President Donald Trump and China President Xi Jinping’s Friday phone call that took place after Asia markets closed and before the U.S. markets opened.
Stocks rise on bets investors will look for cheaper options after DeepSeek’s popular low-cost AI model sparked a US$1 trillion tech rout.
Chinese startup DeepSeek has been taking the AI industry by storm with a new chatbot rivaling ChatGPT and Gemini that uses a fraction of the power, time, and money to train and operate.
China aims to dominate in artificial intelligence and a growing variety of technologies. What it means for U.S. policymakers and investors.
DeepSeek’s rapid rise to fame this month after the release of its new AI chatbot has supercharged debates about the efficacy of U.S. export controls and the race to AI-tech superiority. Many in China celebrated DeepSeek’s open-source AI model—ostensibly built with a fraction of the resources invested into the closed-source leading American counterparts,
Explore the top 10 tech companies worldwide based on their market capitalisation and other key details. Know more about each company and their role
Nvidia excels in accelerated computing, a technology crucial to powering AI applications like ChatGPT. Technology companies like Microsoft are investing heavily in AI, boosting demand for Nvidia's ...
So much for the quiet pre-holiday trading session as Asian equities were mixed though Australia was closed for Australia Day, Indonesia was closed for Al Isra’ wal-Mi’raj, South Korea was closed for the Korean New Year,
We explain how China’s start-up DeepSeek has made significant strides in the global AI race with its resource-efficient, open-source models.