US stocks were set for a steep selloff Monday morning after a surprise advancement from a Chinese artificial intelligence company, DeepSeek, threatened the aura of invincibility surrounding America’s ...
Some Chinese tech stocks advanced today amid the excitement over DeepSeek, although the wider CSI 300 index closed down 0.4 per cent. In Hong Kong Baidu closed 4 per cent up and Alibaba was up 3 per ...
The news that a Chinese start-up has created an artificial intelligence bot to rival ChatGPT at a fraction of the cost is spearheading stock losses across the globe on Monday. Not even China was ...