I spent last week at the World Economic Forum in Davos, Switzerland, where you couldn’t walk more than two feet without seeing or hearing “AI.” Then there was the big AI new
Today could be a very red day in the stock market, and DeepSeek might be to blame. China's AI startup DeepSeek has captured the attention of enthusiasts ever since its launched its latest reasoning AI model,
In an apparent response to the attention on a new AI model out of China, Microsoft CEO Satya Nadella posted online
Alexandr Wang, CEO of Scale AI, stated on Thursday in a CNBC interview that China's rapid advancements in artificial intelligence are significantly supported by its substantial holdings of Nvidia's ( NVDA, Financials) Nvidia H100 GPUs, intensifying the competition with the United States.
DAVOS, SWITZERLAND — Scale AI CEO Alexandr Wang has ignited geopolitical tensions in the artificial intelligence sector by alleging that DeepSeek, a rising Chinese AI lab, has stockpiled approximately 50,000 NVIDIA H100 GPUs — advanced chips banned for export to China under U.S. sanctions.
The sudden popularity of the Chinese chatbot drove a huge plunge in shares of Nvidia. But other A.I. powerhouses rallied. Here’s why.
Global investors are worried the emergence of a low-cost Chinese AI model will threaten the dominance of AI leaders.
Nara Lokesh, Andhra Pradesh’s Minister for Human Resources Development, IT and Electronics and RTG, shares his vision for the state’s future in an exclusive interview with Siddharth Zarabi, Editor, Business Today.
The S&P 500 ( ^GSPC) jumped over 0.5% to secure its first all-time closing high of 2025. The Dow Jones Industrial Average ( ^DJI) popped around 0.9%, while the Nasdaq Composite ( ^IXIC) recovered from earlier session losses to finish the day up about 0.2%.
The chief executive of Japanese IT company NTT DATA said global standards in regulation of artificial intelligence (AI) would reduce risks in the development of the fast-emerging technology.
Today’s chief executives are the last generation to manage all-human workforces as companies increasingly adopt artificial intelligence, Salesforce CEO Marc Benioff said Thursday.
President Donald Trump promised global elites lower taxes if they bring manufacturing to the U.S. and threatened to impose tariffs if they don’t.