Analysts say TikTok's "soap opera" saga in the United States is highlighting the "Hunger Games" for social media dominance, with prominent author and economist Yanis Varoufakis calling for measures to take back control for users.
The buzz surrounding DeepSeek intensified following its launch on January 20, with discussions comparing its advancements to OpenAI’s ChatGPT.
It could be one of the biggest private computing infrastructure projects in history — or a disaster.
OpenAI CEO Sam Altman teased exactly two weeks ago that o3-mini would ship in “a couple of weeks,” and it’s arriving on time today. OpenAI is launching its latest o3-mini reasoning model inside ChatGPT and its API services and making a version with rate limits available to free users of ChatGPT for the first time.
Chinese artificial intelligence startup DeepSeek sparked a sell-off of global tech stocks that lost the AI-driven stock rally $1 trillion in value.
Chinese AI startup DeepSeek burst on the scene this week with its latest AI model, which the startup claims performs as well as leading AI from OpenAI, Meta, and Anthropic — but at a far lower cost to develop.
"Investing 'very heavily' in capital expenditure and infrastructure is going to be a strategic advantage over time," Mark Zuckerberg said.
Stocks rose Tuesday, led by tech. AI fears loom as Meta, Microsoft report earnings. Tesla faces policy risks. Fed decision, major earnings, and government cuts ahead.
Wall Street's main indexes rose on Thursday, driven by post-earnings advances in Meta and Tesla, although Microsoft's weak cloud forecast and downbeat results from Cigna dampened investor enthusiasm. Microsoft MSFT.O dropped 4.7% after forecasting disappointing growth in its cloud computing business.
The tech giants are keeping capital spending plans in line as DeepSeek raises questions about future computing needs.
Meta and Microsoft outperformed in Q4 and Q2 earnings but saw diverging market responses. See why META and MSFT stocks are poised for growth with agentic AI.
Dow Jones stocks edged higher in the stock market today as investors awaited Powell's remarks and earnings from three tech titans.