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Big Tech Faces Heat
Big Tech faces heat as China's DeepSeek sows doubts on billion-dollar spending
By Aditya Soni, Zaheer Kachwala (Reuters) -Chinese startup DeepSeek's cheaper AI is sharpening investor scrutiny of the billions U.S. tech giants are pouring to develop the technology and analysts say it will dominate this week's much-awaited results from industry bellwethers.
China's DeepSeek AI sows doubts about US tech edge. Nasdaq, S&P 500 slide but Dow edges up
Nvidia shares closed down almost 17%, posting its biggest drop since March 2020 and erasing nearly $600 billion from the company's market cap. Broadcom fell 17.4%, and other chip stocks like Micron declined 11.
China's DeepSeek just showed every American tech company how quickly it's catching up in AI
The Chinese startup DeepSeek released an AI reasoning model that appears to rival the abilities of a frontier model from OpenAI, the maker of ChatGPT.
4h
on MSN
DeepSeek disrupted the AI disruptors, but don't count out Big Tech just yet
The Chinese startup's new model poses some serious questions about the assumptions behind AI investments. But what if that's ...
50m
on MSN
Stock market today: Wall Street drifts ahead of the Fed's rate decision and Big Tech reports
U.S. stock indexes are drifting on Wednesday, ahead of the Federal Reserve’s upcoming decision on interest rates and after ...
The New Yorker
5h
What Michael Crichton Reveals About Big Tech and A.I.
For this week’s Infinite Scroll column, Cal Newport is filling in for Kyle Chayka.
5h
on MSN
DeepSeek Whammy Shifts Focus to Big Tech Trio’s Earnings Reports
Wednesday afternoon was already expected to be eventful for the stock market, with the Federal Reserve releasing its decision ...
2h
on MSN
Get ready; tech giants are about to report earnings
The Chinese AI startup's chaotic introduction has left investors and the tech industry scrambling. But DeepSeek's timing is ...
2d
on MSN
Vice President JD Vance reveals Big Tech 'very much on notice' after CEO's inaugural donations
Vice President JD Vance said Big Tech was very much still on notice on Sunday despite their presence at President Trump's ...
27m
Big Tech stocks are still weighing on Wall Street ahead of earnings
U.S. stocks were traded mixed on Wednesday morning with markets in a wait-and-see mode ahead of the first Federal Reserve interest-rate decision of 2025. Investors also were getting ready for ...
1d
Big Tech Is Cozying Up to President Trump. Here's Why Their Lawyers Are Cautiously Optimistic
Regulations on most of Big Tech’s operations are expected to ease under Trump, paving the way for more deals in AI, crypto, ...
2d
on MSN
Big tech companies ‘have too much power,’ Vance says, repeating a conservative grievance
Comments on Sunday by Vice President J.D. reflect a long-standing belief among conservatives that tech companies and ...
MoneyWeek
22h
Big tech earnings: Live updates as the Magnificent 7 announce results
Latest earnings for four Magnificent Seven stocks are announced this week. Results will be key to restoring investor ...
2d
Copyright Under Siege: How Big Tech Uses AI And China To Exploit Creators
This isn’t innovation it’s exploitation. Big Tech uses AI to scrape copyrighted works, blame China, erode creators’ rights, ...
2h
DeepSeek Isn’t the Only Reason Big Tech Might Lose Its Edge on the Rest of the Stock Market
The rest of the stock market could finally catch up to the Magnificent Seven this year—and it has nothing to do with DeepSeek ...
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