Alibaba denies that it’s investing $1 billion in DeepSeek, shares up big anyway
Shares of are surging amid conflicting media reports out of China as to whether the e-commerce giant is investing in DeepSeek AI. Some Chinese media outlets suggested that Alibaba was on the verge of...
Broadcom and Nvidia are capitalizing on the return of the winner-take-all AI trade
DeepSeek looks to have been the pause that refreshes for the most basic AI trade: buy the high-powered chips that everyone’s trying to get their hands on. After a record one-day loss in market cap, it...
Nvidia still the top pick for Morgan Stanley, saying DeepSeek changes nothing for its customers
The post-DeepSeek world looks a lot like the pre-DeepSeek world, according to Morgan Stanley. As such, analysts led by Joseph Moore doubled down on as their top pick in the semi space, echoing a call...
AI researchers trained an OpenAI competitor in 26 minutes for less than $50
Researchers at Stanford and the University of Washington have developed an AI model that could compete with Big Tech rivals — and trained it in 26 minutes for less than $50 in cloud compute credits. I...
OpenAI responds to DeepSeek by releasing a new, cheaper model early
Following the DeepSeek news of last week, OpenAI seems to be going through different stages of envy: At first, CEO Sam Altman was complimentary. He tweeted that DeepSeek was “impressive” but welcome c...
Invesco QQQ erases losses from DeepSeek freak-out
You can’t keep a basket of good tech stocks down. The , an ETF that tracks the Nasdaq 100, is now up on the week, fully recovering from its DeepSeek-induced drawdown. Even a seemingly existential thre...
Despite DeepSeek, the AI energy trade is alive and well
The emergence of DeepSeek’s R1 — the supposedly cheap, effective Chinese AI model that provoked a crisis of confidence in the AI trade earlier this week and hammered market darlings like — didn’t uns...
How Meta plans to recoup its billions in AI investment
The year ahead for is all about AI. But the year after that will be all about monetizing it. The company is currently training Llama 4, the next iteration of its large language model, which it expect...
AMD wants in on the DeepSeek do-it-cheap AI shift
DeepSeek opened up the door to a world of useful large language models that may not require billions in investment. Advanced Micro Devices wants to be involved with anyone who wants to step through th...
Pot, meet kettle: OpenAI accuses DeepSeek of ripping off ChatGPT to train its models
Days after OpenAI CEO Sam Altman praised DeepSeek’s new R1 models as “impressive,” the company is accusing the Chinese AI startup of using ChatGPT to help train its models. At issue is a widely used p...
Alibaba says its AI model beats both DeepSeek’s and OpenAI’s
Hot on the heels of DeepSeek , the Chinese tech company whose relatively inexpensive AI model reportedly beat that of much better-funded competitors like OpenAI’s ChatGPT and upended America’s notion ...
US stocks rebound from steep losses
The DeepSeek dip was resoundingly bought. The S&P 500 rose 0.9%, the Nasdaq 100 ended up 1.6%, and the Russell 2000 gained 0.2% on Tuesday. Despite the big gains for the benchmark index, the number of...
JPM: Retail traders bought the DeepSeek dip
Amid the hair-on-fire quality of Monday’s DeepSeek freak-out, retail investors were doing a bit of bargain hunting, according to JPMorgan analysts in their weekly analysis of retail trading activity. ...
It took bird flu and dreams of AI-assisted cancer vaccines to cue Moderna’s comeback
Moderna’s share price is up 18% in the past week as it becomes increasingly clear that selling vaccines may still be a good business. The vaccine maker benefited from two recent tailwinds: a $590 mill...
What the competition — Nvidia, OpenAI, Microsoft — is saying about DeepSeek
News of DeepSeek’s AI models pummeled American AI stocks yesterday . Leaders of the competition were quick to comment on how DeepSeek was seemingly able to do more for so much less . deepseek's r1 is ...
US stocks tumble as China’s breakthrough casts doubts on AI-fueled rally
US stocks cratered as a Chinese chatbot seemed to strike a blow to the megacap tech giants whose profitability underpins the bull market. The S&P 500 slumped 1.5%, the Nasdaq 100 dropped 3%, and the R...
Nvidia says DeepSeek just did the easy part
Here’s a statement from on the emergent Chinese competitor that catalyzed the single biggest case of value destruction in recorded history: “DeepSeek is an excellent AI advancement and a perfect exam...
Salesforce is reaping the benefits of Benioff’s AI free-riding
What do Marc Benioff and Liang Wenfeng have in common? Both the Salesforce CEO and hedge fund manager who founded DeepSeek are reportedly piggybacking off the billions in capital spending by US tech g...
DeepSeek AI is reviving the most beaten-down part of the US stock market
DeepSeek AI is putting a deep dent in the US stock market, especially the chip companies who’ve been the beneficiaries of a big spending binge. But the hit to the S&P 500 is also pushing Treasury yiel...
Cybersecurity stocks surge as DeepSeek claims it’s under massive attack
The technological feat of prowess by DeepSeek AI has catalyzed a massive sell-off across the stock market . Cybersecurity companies are one of the few ports in the storm amid this emergence of a seemi...