The sharp selloff in tech stocks, including Nvidia (NVDA), this morning signals speculative capital rapidly retreating from high-growth tech plays and risky assets across the board. The trigger? Last week’s launch of DeepSeek, a new AI assistant developed by a Chinese startup, has soared to the top of app store download charts. Analysts are buzzing over its performance, noting it rivals ChatGPT ...
China's AI assistant has officially entered the chat, and it's putting the U.S. on notice. DeepSeek surged to the top of Apple's App Store over the weekend, surpassing OpenAI's ChatGPT with lightning-fast, highly logical responses. Some users claim its natural language processing, ...