The emergence of China-based AI app DeepSeek sent shares plummeting on Monday for many U.S. tech giants, including chipmaker Nvidia and AI-backer Microsoft.
Beth Kindig, CEO and lead tech analyst for the I/O Fund said in a blog post that Big Tech was on track to spend at least $236 billion in capital expenditure in 2024, which represents year-over-year ...
Not everyone is convinced. Atif Malik, a Citi analyst, was among a number of skeptics questioning DeepSeek's thriftiness. What is real is that DeepSeek is charging end users significantly less - 14 ...
Shares of Tevogen Bio surged after the company said it has broadened its relationship with Microsoft in an AI-focused collaboration to develop the biotech's proprietary technology. The stock was up 52 ...
Microsoft Corp (MSFT) stock saw a modest uptick, ending the day at $446.2 which represents a slight increase of $17.70 or 4.13% from the prior close of $428.5. The stock opened at $437.56 and touched ...