The Nasdaq could face market-cap losses of nearly $1 trillion if premarket declines hold into the close of trading.
A new Chinese-based AI, DeepSeek R1, has taken the artificial intelligence world by storm by offering a more effecient model.
DeepSeek, an AI startup just over a year old, stirred awe and consternation in Silicon Valley with its breakthrough artificial intelligence model that offered comparable performance to the world's ...