We believe Snowflake could benefit from the highly cost-effective Chinese AI model, given the potential for wider AI deployment and the fact that the company doesn’t

It’s impossible to look at the Chinese artificial intelligence startup DeepSeek’s new AI model without comparing it against OpenAI, the dominant American rival.DeepSeek has touted its latest AI model,

Key Takeaways Alibaba rolled out a new AI model it says can outperform models from DeepSeek, OpenAI, and Meta Platforms.The Chinese tech giant's U.S.-listed shares climbed in early trading Wednesday following the release.

The rest of the stock market could finally catch up to the Magnificent Seven this year—and it has nothing to do with DeepSeek. The gap in earnings growth between the Magnificent Seven and the rest of the benchmark index should compress from roughly 8 percent to less than 5 percent by the end of 2025,

China’s DeepSeek surprised the technology world this week by releasing an AI model that almost matched the performance of American rivals while requiring far less computing power. The news sparked a sell-off in U.S. stocks as investors fretted that the need for powerful computers to train and operate AI models may be overblown.

Move over ChatGPT, there's a new contender to the throne. Chinese startup DeepSeek AI blasted its way to the top of Apple's App Store this week, hammering U.S. tech stocks in the process — and reacting to the news on The Daily Show, Jon Stewart was shocked and appalled.