Shares of Japanese chip-related firms were feeling the heat on Monday. Today’s slump comes as Chinese AI startup DeepSeek gained traction with its updated AI model, raising fears about potential challenges to US technological dominance.
In international markets, chipmaking and electrification companies saw pressure on the fears over the DeepSeek AI service. SoftBank -- the company that said it would fund up to $500 billion in AI infrastructure as well as the main shareholder of microchip designer ARM -- saw its stock dive 8%.
American stocks crashed on Monday as focus shifted to the upcoming Federal Reserve interest rate decision and as concerns about DeepSeek’s success. Futures tied to the Dow Jones index fell by over 1%,
Shares of Japanese semiconductor-related companies extended their losses on Tuesday after Monday’s selloff, driven by the release of the Chinese AI model DeepSeek. The selloff in US tech stocks added to the downward pressure,
China's DeepSeek overtook US rival ChatGPT in terms of Apple Store downloads, offers the prospect of a viable, cheaper AI alternative
DeepSeek-R1-Zero, a model trained via large-scale reinforcement learning (RL) without supervised fine-tuning (SFT) as a preliminary step, demonstrates remarkable reasoning capabilities. Through RL, DeepSeek-R1-Zero naturally emerges with numerous powerful and intriguing reasoning behaviors.
Group, led by Japanese billionaire Masayoshi Son, plans to approach private equity firms Apollo Global Management (NYSE:APO) and Brookfield for funding assistance with the Stargate AI project, Nikkei reported.
President Trump announced on Tuesday a massive AI infrastructure project involving OpenAI, Oracle (NYSE:ORCL), and SoftBank (TYO:9984), with an investment plan of up to $500 billion. This project, named Stargate,
We recently compiled a list of the Goldman Sachs’ 35 AI Superstars. In this article, we are going to take a look at where Analog Devices, Inc. (NASDAQ:ADI) stands against the other AI stocks. In September 2024,
We recently compiled a list of the Goldman Sachs’ 35 AI Superstars. In this article, we are going to take a look at where Palantir Technologies Inc.
SoftBank and Quantinuum have agreed to a wide-ranging partnership in quantum computing. By combining their respective strengths, both companies will unlock innovative quantum computing solutions that will overcome the limitations of classical AI and realize next-generation technologies.