DeepSeek, a Chinese AI startup, has developed an affordable AI model called R1, which has outperformed OpenAI's ChatGPT and caused a significant decline in US tech stocks. The company's unique ...
US chipmaker Nvidia has suffered the largest stock market slump in history after the emergence of an advanced Chinese artificial intelligence (AI) model raised doubts about its technology.
The fallout for Venture Global Inc., in the wake of a troubled initial public offering, accelerated amid a market selloff that sapped $12 billion from its valuation on debut. Shares of the ...
This is because the company CEO, SN Subrahmanyan, fervently proposed a 90-hour workweek, apart from making his employees work on Sundays. Now, L&T is in the news for another wrong reason. The ...
Shares in major technology companies leading the artificial intelligence (AI) race took a tumble Monday morning amid investor concern about a new Chinese AI model with growing popularity.
(Bloomberg) -- Treasuries rallied as investors flocked to the safety of US government bonds after equities slumped in a selloff driven by technology shares. The advance was strong enough to erase ...
(Bloomberg) -- Colombian traders are bracing for a volatile session Monday after a dispute with the US over deported migrants triggered a brief threat of tariffs from President Donald Trump. The ...
PARIS, Jan 27 (Reuters) - France faces its worst wheat exports in decades as a rift with Algeria, a lull in Chinese demand and a dire harvest accelerate a loss of market share for the European ...
SYDNEY, Jan 28 (Reuters) - Australian Prime Minister Anthony Albanese's approval fell to its lowest level since the 2022 election, while more voters for the first time expected the conservative ...
Dutch semiconductor equipment manufacturer ASML was also impacted by the slump, down 9.7 percent, while Schneider Electric similarly saw its shares slide by 8.7 percent. US sanctions on advanced AI ...