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, ...
The World’s Wealthiest People Lose $108 Billion Amid the Emergence of DeepSeek
The sell-off was triggered by Chinese AI developer DeepSeek, whose model requires less than $6 million worth of computing ...
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 ...
DeepSeek demolishes Nvidia stock, CEO loses $20 billion in a day: Why was the tech giant worst hit?
The surprise success of China’s AI startup, DeepSeek, led to tech stocks being hammered in the US market. Nvidia, the leading ...
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 ...
Fortune1d
SoftBank CEO Masayoshi Son will lead massive $500 billion Stargate project with OpenAI’s Sam Altman and Oracle’s Larry Ellison
From left: Masayoshi Son, chairman and CEO of SoftBank; Larry Ellison, executive chairman of Oracle; and Sam Altman, CEO of OpenAI listen to President Trump speak at the White House on Jan. 21 ...
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 ...
Observer4d
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 ...
DeepSeek's sudden rise is straight out of China's disruption playbook
DeepSeek threatens to disrupt the AI sector in a similar fashion to the way Chinese companies have already upended industries ...
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 ...