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Nvidia, AI and China
US stock futures sink as investors weigh China challenge to US dominance in AI. Nvidia off 12%
Huge U.S. technology companies that soared amid an artificial intelligence frenzy last year are getting pummeled after a little talked about Chinese startup demonstrated a chatbot that it says rivals versions from OpenAI and Google,
Nvidia tumbles and tech stocks slide premarket as China's DeepSeek spooks AI investors
DeepSeek topped the Apple AppStore chart and sparked fears the Chinese company is quickly catching up with OpenAI's ChatGPT while costing far less.
Nvidia stock plunges 14% as a big advance by China's DeepSeek rattles AI investors
Nvidia (NVDA) stock plunged as much as 14% in pre-market trading on Monday after Chinese artificial intelligence startup DeepSeek’s latest model raised questions about American competitiveness in the AI space.
China Vanke's CEO, chairman resign
China Vanke's CEO, chairman resign as $6.2 billion forecast loss deepens concerns
Property developer China Vanke said on Monday its chairman Yu Liang and CEO Zhu Jiusheng stepped down as it forecast a record $6.2 billion net loss for 2024, as concerns over the company's liquidity deepen.
China Vanke’s Chairman and CEO to Resign From Roles
Chairman Yu Liang applied to resign due to “work adjustment reasons,” Vanke said in a filing to the Hong Kong stock exchange on Monday. He will remain as a director of the com
Chinese Property Giant Vanke Warns Of Huge Loss, CEO Resigns
Indebted Chinese property giant Vanke warned Monday of a major loss last year amid a continuing market slump, while also saying its CEO was resigning due to "health reasons".
1h
Wall St opens sharply lower as China's AI push rattles Big Tech
Wall Street's main indexes opened lower on Monday, as the surging popularity of a low-cost Chinese artificial intelligence ...
50m
on MSN
China’s DeepSeek AI app sends U.S. tech stocks reeling
The tech-heavy Nasdaq index lost nearly 4 percent in early trading Monday, with chipmaker Nvidia down nearly 12 percent.
9h
China’s Large and Mysterious Dam Project Is Alarming Neighbors and Experts
The hydropower dam, in quake-prone Tibet, is set to be the world’s biggest. But China has said little about the project, ...
1h
India, China agree to resume direct air services
India and China have agreed to resume direct air services between the two countries, New Delhi said in a statement on Monday ...
13h
on MSN
China is more in love with its pandas than ever. That’s complicated matters for Beijing
China’s successful rebranding of the giant panda has created an unexpected challenge for Beijing, as it aims to balance its ...
3h
In China, Government Data on Drugs Blocked From Public After Backlash
Criticism over how the Chinese government buys drugs for its public health care system has ignited frustration over the ...
2h
on MSN
China's DeepSeek sets off AI market rout
Nasdaq futures slumped and technology shares slid in Japan on Monday as surging popularity of a Chinese discount artificial ...
2h
What is China’s DeepSeek and why is it freaking out the AI world?
DeepSeek, a Chinese AI startup that’s just over a year old, has stirred awe and consternation in Silicon Valley.
1d
on MSN
Puzzling fossils unearthed in China may rewrite the human story
Researchers say they have identified a new species of ancient hominin, Homo juluensis, that could help solve another big ...
7h
on MSN
Silicon Valley Is Raving About a Made-in-China AI Model
DeepSeek is called “amazing and impressive” despite working with less-advanced chips.
3h
on MSN
China 'teapot' refiners halt plants as new fuel tax bites, sources say
Several independent oil refineries in eastern China have halted operations, or plan to do so, for indefinite maintenance ...
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