Billionaires whose fortunes are linked to artificial intelligence were the biggest losers: Huang saw his fortune fall $20.1 ...
NEW YORK – The world’s 500 richest people, led by Nvidia co-founder Jensen Huang, lost a combined US$108 billion (S$145 ...
Trump calls Chinese startup DeepSeek's cheaper AI methods "a positive," as U.S. tech stocks plunge amid market sell-off.
The tech sector accounted for 85 per cent of the losses, as wealth tied to artificial intelligence (AI) faced a steep ...
DeepSeek is challenging assumptions about the computing power and spending needed for AI advances. OpenAI, Oracle and ...
Billionaires tied to AI saw the largest drop, with Nvidia’s CEO Jensen Huang leading the loss with a 20% fall in wealth.
Markets had a cult-like belief that a small group of US tech giants, led by Nvidia, would dominate the AI arms race. China’s ...
Nvidia called DeepSeek’s R1 model “an excellent AI advancement,” despite the Chinese startup’s emergence causing the chip ...
Rivaling Huang’s drop Monday was a $29.4 billion loss for Oracle chairman Larry Ellison, as Oracle stock tanked 15% — Ellison ...