Tag Archives: DeepSeek

DeepSeek pips ChatGPT to become No. 1 productivity app on App Store – The Times of India

DeepSeek pips ChatGPT to become No. 1 productivity app on App Store – The Times of India

BENGALURU: DeepSeek’s dramatic impact on tech stocks worldwide on Monday was likely also the result of the huge interest it has generated among consumers. The Chinese artificial intelligence app has soared to the No. 1 spot in Apple’s App Store productivity category across major markets including the US, UK, China and India, overtaking ChatGPT and other rivals in the generative …

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World’s richest people lose $108 billion after DeepSeek selloff – The Times of India

World’s richest people lose 8 billion after DeepSeek selloff – The Times of India

Billionaires whose fortunes are linked to artificial intelligence were the biggest losers: Huang saw his fortune fall $20.1 billion. The world’s 500 richest people, led by Nvidia Corp. co-founder Jensen Huang, lost a combined $108 billion on Monday as a tech-led selloff tied to Chinese AI developer DeepSeek sent major indices plunging.Billionaires whose fortunes are linked to artificial intelligence were …

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Nasdaq slumps on Chinese AI upstart, Nvidia loses some $400 billion in value – The Times of India

Nasdaq slumps on Chinese AI upstart, Nvidia loses some 0 billion in value – The Times of India

The New York Stock Exchange is shown in New York’s Financial District on December 31, 2024. (AP) NEW YORK: The tech-rich Nasdaq tumbled early Monday as traders around Wall Street and other global bourses reacted to the emergence of a low-cost Chinese generative AI venture that has apparently overtaken US companies.DeepSeek, which was developed by a start-up based in the …

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