Sunac China cuts costs on US$937 million defaulted debt linked to Beijing project
Restructuring terms allow the Chinese developer to effectively cut its annual borrowing costs to 4.12 per cent from 9.6 per ...
China’s DeepSeek hits #1 on App Store, shocks AI researchers, sends US tech shares tumbling
Chinese startup DeepSeek’s eponymous AI assistant rocketed to the top of Apple Inc.’s iPhone download charts, stirring doubts in Silicon Valley about the strength of America’s lead in AI.
DeepSeek’s new AI model rattles US tech stocks
The tech-heavy Nasdaq saw futures contracts slide after China's DeepSeek launched its latest model, which runs on far cheaper ...
US stock futures sink as investors weigh China challenge to US dominance in AI. Nvidia drops 12%
Investors dumped technology stocks in premarket trading Monday, sending U.S. indexes sharply lower after Chinese artificial ...
5 Things to Know Before the Stock Market Opens
U.S. stock futures are sinking on investor jitters over artificial intelligence (AI) competition from China; Nvidia and ASML ...
Nvidia tumbles and tech stocks slide premarket as China's DeepSeek spooks AI investors
DeepSeek topped the Apple AppStore chart and sparked fears the Chinese company is quickly catching up with OpenAI's ChatGPT ...
Advances by China’s DeepSeek sow doubts about AI spending
The rout extended well beyond traditional tech names. Siemens Energy, which supplies electrical hardware for AI infrastructure, plunged 22 per cent. Schneider Electric, a French maker of electrical ...
DeepSeek Forces a Global Technology Reckoning
The fast-growing popularity of the Chinese artificial intelligence software hit shares in tech giants like Nvidia, as Silicon ...
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Nvidia Stock Faces Collapse on China AI Move
It has been widely assumed that the United States was the leader in global artificial intelligence (AI) technology by far.