A new and largely unknown Chinese AI system called DeepSeek has rocked the tech industry and global markets. Tech shares plunged and chip maker Nvidia suffered falls of nearly 17 per cent on ...

U.S. tech stocks tumbled Monday after a small Chinese artificial intelligence startup said it can compete with the likes of ChatGPT and other U.S.-based AI models at a fraction of the cost.

Part of what’s worrying some U.S. tech industry observers is the idea that the Chinese startup has caught up with the American companies at the forefront of generative AI at a fraction of the cost.

A Chinese artificial intelligence startup is rattling Silicon Valley and Wall Street after it demonstrated AI models on par with OpenAI’s — for a fraction of the cost and energy. At just over ...

Eight automakers including BYD, at least nine financial securities companies, three state-owned telecommunications operators and smartphone brand Honor are among the many that have rushed to ...

DeepSeek demonstrated that Chinese companies could develop world-class AI. This blue-chip Chinese tech company could be a huge winner in the artificial intelligence race. Still, the euphoria in ...

The University of Louisville has banned the use of the new AI tool, DeepSeek ... The University of Louisville has prohibited Chinese-startup DeepSeek's new artificial intelligence model from ...

The Chinese AI model took the world by storm in recent weeks after showcasing its reasoning process and claims to undercut rival OpenAI's ChatGPT on cost — despite U.S. restrictions on Chinese ...