Chinese startup DeepSeek released on Jan. 20 a cost-efficient AI model to compete with OpenAI using a fraction of computing power, or the type of technology sold by Nvidia and other companies.
The emergence of DeepSeek sent some tech stocks tumbling. China-based AI app DeepSeek, which sits atop the app store charts, made its presence widely known Monday by triggering a sharp drop in ...
Investors betting on the “momentum” strategy have had it good lately—until this week. Momentum investors buy stocks that have outperformed in the recent past, in a bet that their upward momentum will ...
DeepSeek, a Hangzhou-based startup founded in 2023, shot to the top of Apple’s App Store free app chart after releasing a new open-source AI model it says rivals OpenAI's work. Its website was ...
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