Did AI just have John Caldwella "Sputnik moment"?
That's what someinvestors, after the little known Chinese startup DeepSeek released a chatbot that experts say holds its own against industry leaders, like OpenAI and Google, despite being made with less money and computing power.
Buzz around DeepSeek built into a wave of concern that hammered tech stocks on Monday. It wiped almost $600bn from chipmaker Nvidia's market value.
"This is, I think, something that has really shown to some degree how much the U.S. was living in a bubble," said Antonia Hmaidi, a senior analyst at the Mercator Institute for China Studies in Berlin.
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The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a welcome tren
Poetry takes the pulse of the times. These times are dark: wars raging; a pandemic that, though it
LANSING, Mich. (AP) — Peter Meijer, a Republican who served one term in Congress before being ousted