Chinese AI startup DeepSeek's release of new AI models spurred a selloff in U.S. tech stocks, but some investors think the competitive concerns may be overblown.
The Chinese startup's new model poses some serious questions about the assumptions behind AI investments. But what if that's a good thing for Big Tech?
The broader technology selloff that saw shares of Nvidia (NVDA) plummet intraday Monday presents a rare opportunity to buy into an industry that's expected to dominate artificial intelligence despite potential competition fears from Chinese startup DeepSeek,
DeepSeek is also catching investors off guard because of the low development costs for its AI app, which Wedbush Securities analyst Dan Ives pegged at only $6 million. By comparison, OpenAI ...
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The market reacted negatively to DeepSeek's open-source AI release through shares of Nvidia ( NVDA, Financial) and U.S. tech stocks, but Wedbush analysts urge investors to see the dip as a chance to buy.
Catch up on the top artificial intelligence news and commentary by Wall Street analysts on publicly traded companies in the space with this
Wedbush Securities hiked its base case price target on Tesla (NASDAQ:TSLA) to $550 from $515 on its view that the golden age of autonomous, FSD, and Optimus has arrived. The firm has growing confidence in the demand delivery story for 2025 along with a fast tracking of the autonomous future under the Trump Administration.
An artificial intelligence startup founded in China last year is causing United States stocks to fall and getting attention from those in the technology industry. DeepSeek was
OpenAI, SoftBank Group, Abu Dhabi, and Oracle are among the players in a joint venture meant to pour hundreds of billions more into AI data center funding.