A new Chinese AI model, created by the Hangzhou-based startup DeepSeek, has stunned the American AI industry by outperforming some of OpenAI’s leading models, displacing ChatGPT at the top of ...

Open AI responded with o3, an update of o1, a few days later. But Google, with all its resources, was not in fact the first ...

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.

On Monday, Nvidia stock dove 17 percent amid worries over the rise of Chinese AI company DeepSeek, whose R1 reasoning model stunned industry observers last week by challenging American AI ...

Wall Street’s superstars tumbled as a competitor from China threatens to upend the artificial-intelligence frenzy they’ve ...

Firms that have most benefited from a long-running scramble for all things AI took a heavy hit ... After the negative lead from New York, Asian markets diverged. Tokyo and Sydney rose while ...

US chip-maker Nvidia led a rout in tech stocks Monday after the emergence of a low-cost Chinese generative AI model that ...