Listen and subscribe to Opening Bid on Apple Podcasts, Spotify, YouTube or wherever you find your favorite podcasts. Let’s just call DeepSeek the plot twist the AI world didn’t see coming. It also has market darlings like Nvidia (NVDA) asking investors, “what about me?” After plummeting in price Nvidia’s stock remains on the slide while

US stock futures stepped higher on Thursday, eyeing a comeback as investors digested earnings from a trio of megacap techs and waited for Apple (AAPL) results for more clues to the prospects for Big Tech. Contracts on the tech-heavy Nasdaq 100 (NQ=F) rose 0.5%, while S&P 500 futures (ES=F) moved up 0.3%. Dow Jones Industrial

Chinese artificial intelligence firm DeepSeek rocked markets this week with claims its new AI model outperforms OpenAI’s and cost a fraction of the price to build. The assertions — specifically that DeepSeek’s large language model cost just $5.6 million to train — have sparked concerns over the eyewatering sums that tech giants are currently spending

The artificial intelligence (AI) revolution is on a collision course with history. For more than two years, Wall Street’s bull market rally has been virtually unstoppable. While there are a confluence of factors pushing wind into the stock market’s sails, including better-than-anticipated corporate earnings, stock-split euphoria, and Donald Trump’s Election Night victory, no catalyst has

DeepSeek R1 is now available in the model catalog on Azure AI Foundry and GitHub, joining a diverse portfolio of over 1,800 models, including frontier, open-source, industry-specific, and task-based AI models. As part of Azure AI Foundry, DeepSeek R1 is accessible on a trusted, scalable, and enterprise-ready platform, enabling businesses to seamlessly integrate advanced AI.

Hong Kong CNN  —  Previously little-known Chinese startup DeepSeek has dominated headlines and app charts in recent days thanks to its new AI chatbot, which sparked a global tech sell-off that wiped billions off Silicon Valley’s biggest companies and shattered assumptions of America’s dominance of the tech race. But those signing up for the chatbot

Fundstrat chief investment officer Tom Lee says the market sell-off triggered by the release of low-cost Chinese artificial intelligence (AI) model DeepSeek is an overreaction. In a new interview on CNBC’s “Closing Bell,” Lee says that Monday’s market correction is likely an opportunity for long-term investors. Stocks and crypto plummeted on Monday as investors processed

When it comes to AI, I’d consider myself a casual user and a curious one. It’s been creeping into my daily life for a couple of years, and at the very least, AI chatbots can be good at making drudgery slightly less drudgerous. But whenever I start to feel convinced that tools like ChatGPT and

Listen and subscribe to Opening Bid on Apple Podcasts, Spotify, YouTube, or wherever you find your favorite podcasts. DeepSeek has caused a permanent reset in how AI development will unfold in coming years. At least that’s the take from Snowflake (SNOW) CEO Sridhar Ramaswamy, whose data storage company provides technology used by companies developing large

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Retail investors have ploughed more than $900mn into Nvidia shares this week as individual traders rushed to scoop up artificial intelligence stocks that sustained a heavy blow from fears over China’s DeepSeek. Retail traders purchased

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Goldman Sachs’ market strategist Peter Oppenheimer and team have a note out on DeepSeek, the upshot of which is this: In many ways, it’s Oppenheimer playing the classics. The soft-landing scenario of lower inflation and