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AI competition News

Tech Stocks Lead Sharp Decline as Wall Street Reacts to New AI Competition

Ryan Peterson 28 Jan, 2025

Wall Street opened with significant declines, led by tech stocks, due to concerns over a new AI model by Chinese startup DeepSeek. Major indices like Nasdaq 100, Dow Jones, and S&P...

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Nvidia Stock Plummets 13% to October Lows Amid AI Competition Fears

Sarah Mitchell 27 Jan, 2025

Nvidia's stock fell sharply to its lowest since October 2024 after news of a Chinese AI breakthrough by DeepSeek, raising concerns over a shift in technological dominance and impac...