DeepSeek sinks stocks, Big Tech earnings, and AI for cancer: AI news roundup
Plus, China's Alibaba said its upgraded Qwen2.5-Max AI model scored better than DeepSeek's V3
Chinese artificial intelligence startup DeepSeek sparked a global tech stock sell-off earlier this week that saw chip leader Nvidia lose almost $600 billion in market value — a record-setting loss for a U.S. company.
Meanwhile, investors awaited earnings results from Meta, Microsoft, and Apple.
Read about this and more in this week’s AI news roundup.
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Microsoft (MSFT) shares fell by around 5% during after-hours trading on Wednesday after it reported Azure cloud computing growth toward the bottom range of expectations.
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Meta (META) stock climbed by around 4% in after-hours trading after chief executive Mark Zuckerberg said on the company’s earnings call that it plans to invest “hundreds of billions of dollars” in artificial intelligence infrastructure in the long term.
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Days after Chinese artificial intelligence startup DeepSeek sparked a global tech stock sell-off, a homegrown rival said its new AI model performed even better.
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Microsoft (MSFT) and OpenAI are investigating whether a group connected to the Chinese AI startup DeepSeek accessed OpenAI’s data without permission, according to a new report.
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Big Tech’s multi-billion dollar spending on artificial intelligence will be under investor scrutiny this week — even more so after China’s DeepSeek sent shockwaves through Wall Street and Silicon Valley with a cheap yet competitive AI model.
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The White House is looking into national security concerns over the Chinese artificial intelligence app DeepSeek after its developer prompted a global tech sell-off.
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After traders sold off global technology stocks en masse Monday on news of a Chinese artificial intelligence competitor, some aren’t too concerned with DeepSeek’s seemingly meteoric rise.
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The release of DeepSeek-R1, a new open-source reasoning model from a Chinese artificial intelligence startup, should be a “wake-up call” for the U.S. tech industry, President Donald Trump said.
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LinkedIn (MSFT) co-founder and venture capitalist Reid Hoffman on Monday launched an AI startup aimed at discovering new treatments for cancer.
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AI is no longer just a buzzword in retail. It’s a tool retailers are increasingly deploying to transform their business operations.
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Apple (AAPL) is expected to release its fiscal first quarter results after the market closes on Thursday.
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Nvidia (NVDA) addressed its tumbling stock on Monday by saying Chinese artificial intelligence startup DeepSeek will need more of its chips for new models.
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Chinese artificial intelligence startup DeepSeek said it would temporarily limit signups after being the victim of “large-scale malicious attacks” on its servers.
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A Chinese artificial intelligence startup is rattling Silicon Valley and Wall Street after it demonstrated AI models on par with OpenAI’s — for a fraction of the cost and energy.