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Nvidia, DeepSeek
DeepSeek Billionaire Rout: Nvidia’s Huang And Oracle’s Ellison Lose Combined $48 Billion
Several notable billionaires experienced massive hits to their fortunes Monday as the Chinese generative artificial intelligence startup DeepSeek upended the U.S. stock market, hitting the American AI leader Nvidia the hardest.
Nvidia drops 15% as Chinese AI startup DeepSeek spurs brutal rout of tech stocks
The shocking success of a new model from a mysterious Chinese lab has America questioning its leadership of the sector.
Nvidia Erases $589 Billion in Value as DeepSeek Batters Stock
Not all big technology stocks got hit in the rout, however. Apple Inc., which gained 3.3% today, has overtaken Nvidia as the top company by market value. Meta Platforms Inc. also ended the day higher,
1d
on MSN
Nvidia suffers record wipeout on DeepSeek fears — as CEO Jensen Huang’s net worth tanks
US chip giant Nvidia and its CEO Jensen Huang are set for a record wipeout on Monday after Chinese startup DeepSeek upended ...
23h
Jensen Huang To Larry Ellison: 10 Billionaires Who Lost Massive Wealth In 1 Day Because Of DeepSeek Selloffs
Owing to US tech stocks crash, billionaires like Nvidias Jensen Huang and Oracles Larry Ellison lost more than $20 billion ...
1d
on MSN
From Larry Ellison To Jensen Huang, Here Are Some American Tycoons Who Lost Billions In Personal Net Worth In A Day Amid DeepSeek Chaos
The American markets were spooked by the DeepSeek AI storm on Monday, January 27. While Dow Jones closed in green with minor gains, the tech-heavy Nasdaq closed with colossal losses of 612.47 points, ...
22h
DeepSeek hype: Nvidia lost 600 billion US dollars in stock market value in a day
After a Chinese AI app suddenly overtook the competition from OpenAI at the weekend, the AI sector had a dark day on the ...
14h
World’s richest people suffer $108 billion loss on DeepSeek fuelled tech selloff
A tech selloff led by Chinese AI developer DeepSeek erased $108 billion from the wealth of the world’s richest, with Nvidia’s ...
Observer
4d
Trump’s $500B Stargate A.I. Project: What Will It Build and Does It Actually Have the Money?
President Donald Trump announced an A.I. initiative called Stargate. During a press conference at the White House attended by ...
15h
on MSN
DeepSeek Panic Live Updates: Trump Calls AI Development ‘Positive’ Despite Tech Stock Plunge
Jan. 27, 6:30 p.m. EST President Donald Trump said at a House Republican retreat that the launch of the AI model was “a ...
1d
on MSN
How China’s DeepSeek shook up US markets, by the numbers
A company called DeepSeek said it had developed a large language model that can compete with U.S. AI giants but at a fraction ...
1d
World’s richest people lose billions in Nvidia plunge
The world’s 500 richest people, led by Nvidia co-founder Jensen Huang, lost a combined $US108 billion ($172 billion) on ...
6d
on MSN
Project Stargate: Trump Plots With Larry Ellison, Sam Altman On $500B AI Initiative
Yes, that's the name of a 1994 Roland Emmerich movie. It's now a big infrastructure project to help power tech giants' foray ...
Newser on MSN
16h
Stock Rout Costs CEO $20B in One Day
Monday's market rout of chip-maker Nvidia cost its CEO a pretty penny: Jensen Huang lost about $20 billion, or 20% of his net ...
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