“The share price drop yesterday demonstrated that many energy infrastructure companies got carried away in the momentum of the AI story last year”. -Talon Custer, an analyst for Bloomberg ...

“The share price drop yesterday demonstrated that many energy infrastructure companies got carried away in the momentum of the AI story last year”. -Talon Custer, an analyst for Bloomberg ...

Chipmaker Nvidia saw almost $600bn wiped off its market value - the biggest drop in US stock market history - as a low-cost AI competitor from China took chunks out of several tech firms.

AI agent cryptos plunged over 7% in the past 24 hours, recording the steepest loss among all crypto sectors, but the new MIND of Pepe (MIND) token defied the downturn to surge past $4.3 million in ...

NRG Energy: The energy and home services firm’s shares dropped 13.2%. What is DeepSeek? DeepSeek is a Chinese startup that has launched AI models claimed to be on par with or better than leading US ...

Chinese startup DeepSeek has rolled out a free assistant it says uses cheaper chips and less data, seemingly challenging a widespread bet in financial markets that AI will drive demand along a supply ...

The main AI infrastructure stock, Nvidia, is down roughly 20% over the last two trading days, which equates to a drop of nearly $700 billion in market cap. With DeepSeek's supposed low-cost to ...

The declines come after DeepSeek unveiled a new flagship AI model called R1 that showcases a new level of "reasoning." The Chinese AI lab's solution, released in a paper last Monday, was close in ...