DeepSeek's development cost was reportedly under $6 million, raising concerns about the competitive edge of US tech firms and future capex on AI LLMs. WGMI has significant exposure to Bitcoin mining ...
Silicon Valley’s been rattled by a low-cost Chinese AI – with the start-up claiming its DeepSeek technology can emulate the performance of ChatGPT, at a fraction of the cost. Its launch shook share ...
Donald Trump will be the first president to fully embrace digital currencies — and he’s already anointed his crypto princes ...
The report comes as tech stocks, led by the Magnificent Seven—think Apple, Microsoft, Google, and their mega-cap friends—take a hit after DeepSeek’s debut.
US GDP grew by 2.3% on an annualised basis in the final quarter, according to the Bureau of Economic Analysis. This was slower than the 2.6% annualised growth expected by economists polled by Reuters.
Microsoft (MSFT) stock shed weight in the early going on Wednesday ahead of the Federal Reserve’s (Fed) latest interest rate ...
The ECB cut rates by 25bps to 2.75%, with Lagarde signalling further easing if inflation declines. Growth risks persist amid weak confidence and geopolitical tensions. She ruled out Bitcoin as a ...
Interested in weekly BTC/USD forecast? Our experts make weekly updates forecasting the next possible moves of the bitcoin-dollar pair. Here you can find the most recent forecast by our market ...
Sorry, OpenAI (and Google and Meta and…). A recently released AI model called DeepSeek from a China-based startup is currently wreaking havoc on the tech space in ...
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