Bay Area tech billionaires reportedly lost enormous amounts of cash following DeepSeek’s latest rollout, outlets said.
The American markets were spooked by the DeepSeek AI storm on Monday, January 27. While Dow Jones closed in green with minor gains, the tech-heavy Nasdaq closed with colossal losses of 612.47 points, ...
Owing to US tech stocks crash, billionaires like Nvidias Jensen Huang and Oracles Larry Ellison lost more than $20 billion ...
The fortunes of the world’s wealthiest took a sharp hit on Monday, with $108 billion wiped out in a tech-driven sell-off ...
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Huang's net worth fell from $121 billion to around $100 billion, per the Bloomberg Billionaires Index.
Yes, that's the name of a 1994 Roland Emmerich movie. It's now a big infrastructure project to help power tech giants' foray ...
A tech selloff led by Chinese AI developer DeepSeek erased $108 billion from the wealth of the world’s richest, with Nvidia’s ...
President Donald Trump announced an A.I. initiative called Stargate. During a press conference at the White House attended by ...
The world’s 500 richest people, led by Nvidia co-founder Jensen Huang, lost a combined $US108 billion ($172 billion) on ...
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 ...
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