stock market Wall Street Tumbles as Low-Cost Chinese AI App DeepSeek Shakes Tech Sector U.S. stock markets experience a major sell-off as a new Chinese artificial intelligence model raises serious doubts about Silicon Valley's massive AI investments. Chip giant Nvidia leads the decline as investors question the high cost of building AI infrastructure.
deepseek Chinese AI Model DeepSeek Triggers Massive US Tech Stock Selloff A new Chinese artificial intelligence model called DeepSeek causes a major drop in US technology stocks as investors question American AI dominance. The surprisingly capable and cost-effective model raises concerns about the huge valuations of US AI companies.
deepseek DeepSeek Overtakes ChatGPT to Become Top Mobile App Globally A Chinese AI lab named DeepSeek claims the number one spot on app stores worldwide, surpassing ChatGPT. The surge follows the release of highly efficient open AI models that cause major ripples in the tech industry.
nvidia Nvidia Unveils Compact Project Digits AI Supercomputer at CES Nvidia CEO Jensen Huang reveals Project Digits, a tiny desktop AI supercomputer designed for researchers and small companies. The compact device aims to provide powerful AI development capabilities without the need for massive data centers.
nvidia Nvidia Unveils Palm-Sized Project DIGITS AI Supercomputer for Desks Nvidia introduces Project DIGITS, a compact personal AI supercomputer powered by the new GB10 Grace Blackwell Superchip. The device delivers one petaflop of AI performance and allows users to run massive language models directly from their desks.
nvidia Nvidia Unveils Project Digits, a $3,000 Desktop AI Supercomputer Nvidia introduces Project Digits at CES 2025, a compact desktop machine powered by the Grace Blackwell superchip. The $3,000 device allows researchers to run large AI models locally without relying on cloud infrastructure.
bytedance ByteDance Exploits Loophole to Spend Billions on Restricted Nvidia Chips TikTok parent ByteDance plans to spend $7 billion on Nvidia chips in 2025 by storing them in overseas data centers, bypassing U.S. export restrictions aimed at China.
nvidia Nvidia Targets Humanoid Robot Market With New Jetson Thor Computer Nvidia confirms plans to launch Jetson Thor, a compact computer designed specifically for humanoid robots, in the first half of 2025. The chipmaker aims to supply underlying technology to robot manufacturers rather than compete directly with them.
elon musk Elon Musk's xAI Reaches $45 Billion Valuation After $6 Billion Raise xAI secures $6 billion in a Series C round, doubling its valuation to $45 billion. The massive influx of cash aims to accelerate the development of its Grok AI model and build advanced infrastructure.
nvidia Nvidia Wins EU Approval for $700 Million Run:ai Acquisition The European Commission unanimously approves Nvidia's purchase of GPU orchestration startup Run:ai, concluding the deal does not create a monopoly. However, the acquisition still faces a regulatory block in the United States.
microsoft Microsoft Leads Rivals by Purchasing 485,000 Nvidia AI Chips in 2024 Microsoft buys nearly 500,000 Nvidia Hopper chips this year, outpacing competitors like Meta to fuel its massive artificial intelligence expansion.
ecri AI Risks Lead ECRI's 2025 Health Tech Hazards List ECRI ranks artificial intelligence risks as the top health technology hazard for 2025, while major partnerships between Siemens and NVIDIA bring new AI tools to medical imaging.
ai Jeff Bezos Joins $693 Million Investment in AI Chipmaker Tenstorrent Tenstorrent raises a massive $693 million Series D round backed by Jeff Bezos and Samsung Securities to challenge Nvidia. The Toronto-based startup plans to use the funds to expand its engineering team and develop new AI training servers.
aws AWS Adopts Liquid Cooling and Simplified Power for AI Servers AWS announces a major shift to liquid cooling for its AI servers, including those using Nvidia hardware and its own Trainium2 chips. The company also reveals simplified electrical designs that dramatically boost data center efficiency and reliability.
nvidia Nvidia Smashes Q3 Expectations With 94% Revenue Surge Nvidia reports $35.1 billion in third-quarter revenue, easily beating Wall Street forecasts as its data center business continues to boom.