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 ...
Project Stargate: A technological breakthrough or cause for concern?
One day after being sworn in as the 47th president of the United States, Donald Trump revealed the creation of Stargate, a ...
World’s richest people lose US$108 billion after DeepSeek sell-off
Nvidia's Huang, Oracle's Ellison and ex-Binance CEO CZ were hit hard, though Meta's Zuckerberg and Amazon's Bezos escaped ...
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World's Richest People Lose $108 Billion After DeepSeek Selloff
While Huang and Ellison suffered losses, other major tech billionaires’ fortunes escaped unscathed. Zuckerberg’s net worth ended the day up, gaining $4.3 billion as Meta rebounded from an ...
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Crypto market, tech leaders suffered $1.02 trillion loss amidst Deepseek’s rise
The cryptocurrency market and major tech leaders witnessed a combined loss of $1.02 trillion resulting from the ...
DeepSeek AI Triggers A Collective Loss of $94 Billion In Wealth Of Tech Billionaires, Mark Zuckerberg And Jeff Bezos Unaffected
DeepSeek AI, a cost-effective language model from China, outshines ChatGPT with fewer resources and lower costs. The ...
3 Potential AI Stock Winners From the $500 Billion Stargate Project
Stargate appears to be another huge AI data center project on the horizon. Nvidia and TSMC will both benefit from the number ...
OpenAI's Sam Altman once warned America about Trump. Now he's partnering with him
OpenAI CEO Sam Altman's decision to join President Trump's "Stargate" AI initiative marks a stark reversal for the tech CEO, ...
DeepSeek Billionaire Rout: Nvidia’s Huang And Oracle’s Ellison Lose Combined $50 Billion
Oracle chairman Larry Ellison and Nvidia CEO Jensen Huang lost tens of billions on paper as shares of their AI-focused ...
Will DeepSeek deep-six Trump's Stargate AI dreams?
Trump called the joint venture - known as Stargate - "a new American company that will invest $500 billion at least in AI infrastructure in the United States," promising that it will create more than ...