Chinese startup DeepSeek has debuted an AI app that challenges OpenAI's ChatGPT and other U.S. rivals, sending a shock through Wall Street.

Chinese AI startup DeepSeek's release of new AI models spurred a selloff in U.S. tech stocks, but some investors think the competitive concerns may be overblown.

The Chinese startup's new model poses some serious questions about the assumptions behind AI investments. But what if that's a good thing for Big Tech?

The broader technology selloff that saw shares of Nvidia (NVDA) plummet intraday Monday presents a rare opportunity to buy into an industry that's expected to dominate artificial intelligence despite potential competition fears from Chinese startup DeepSeek,

U.S. tech stocks, including Nvidia, Oracle and Broadcom, plummeted Monday after Chinese startup DeepSeek said it created an AI system that can compete against chatbots such as OpenAI's ChatGPT at much lower costs.

Wedbush Securities on Friday raised its price target ... What Happened: Oklo, backed by OpenAI CEO Sam Altman, is developing nuclear fission power plants to provide energy at scale.

OpenAI, SoftBank Group, Abu Dhabi, and Oracle are among the players in a joint venture meant to pour hundreds of billions more into AI data center funding.

Stocks tumbled after a Chinese AI startup said its models can compete with the likes of ChatGPT and other U.S.-based models at a fraction of the cost.

DeepSeek topped the Apple App Store chart and sparked fears the Chinese company was quickly catching up with OpenAI's ChatGPT while costing far less.

DeepSeek is also catching investors off guard because of the low development costs for its AI app, which Wedbush Securities analyst Dan Ives pegged at only $6 million. By comparison, OpenAI ...

Importantly, several Wall Street analysts have updated or reiterated their forecasts since DeepSeek published its research paper last week, and they all see upside in Nvidia stock from its current price of $128 per share. Joseph Moore at Morgan Stanley set his target price at $152 per share, implying a 18% upside.

While DeepSeek's AI models employed some novel software approaches, they were based on the earlier work of others, including Meta Platforms' Llama models. And since DeepSeek share