Reported 1 day ago
Recent quarterly earnings from major technology companies coincided with concerns over the Chinese AI startup DeepSeek's new low-cost AI models, which shook the stock market and led to significant losses for companies like Nvidia. Executives from Microsoft, Meta, Apple, Google, Amazon, AMD, Qualcomm, and Arm shared mixed reactions on earnings calls, with some praising DeepSeek's innovations while affirming their commitment to substantial AI investments in 2025. As U.S. lawmakers consider a ban on DeepSeek, the tech giants remain focused on AI development while navigating the implications of increased competition.
Source: YAHOO