The Verge21d
X says its payments service will finally launch this year
Visa is the first partner for X Money accounts, which X says will support instant bank transfers and P2P payments. Visa is the first partner for X Money accounts, which X says will support ...
Business Insider21d
Nvidia's stock rout is just the beginning of more pullbacks that could be multiple times larger, 'Black Swan' author says
Nvidia's double-digit decline could be just a taste of what's to come for investors, with another pullback multiple times as large in the cards, said Nassim Taleb, the author of "The Black Swan.
cnbctv1821d
DeepSeek Sell-Off: Nasdaq sheds 600 points after Nvidia loses $600 billion in market cap
Nvidia's 17% drop coupled with a sell-off in other chipmakers led to the Nasdaq declining over 600 points on Wall Street during Monday's trading session. The fall appears contained as at one point, ...
Yahoo Finance22d
Nvidia Stock Crashes 17%, Wiping Out $600 Billion in a Single Day
The market sold off from escalating concerns about AI industry competition as the main trigger. DeepSeek developed the first free and open-source large language model with the H800 chip production ...
TechSpot22d
Nvidia loses record $600 billion market value in one day as DeepSeek AI shakes industry
resulting in its market cap falling by almost $600 billion. Nvidia's stock price crashed to $118.58 yesterday, wiping $593 billion off its value and marking the company's worst day on the market ...
Channel NewsAsia Singapore22d
Nvidia loses nearly US$600 billion in value as Chinese AI firm DeepSeek jolts tech shares
Shares in Nvidia, whose semiconductors power the AI industry, fell nearly 17 per cent on Wall Street, erasing nearly US$600 billion of its market value. Nvidia's US$589 billion loss in stock ...
Yahoo Finance22d
DeepSeek caused a $600 billion freakout. But China’s AI upstart may not be the danger to Nvidia and U.S. export controls many assume
But on Monday, AI was the cause of a panic among Nvidia investors, sending its shares down almost 17% and wiping out nearly $600 billion in value. The selloff was triggered by Chinese AI startup ...
Fortune22d
DeepSeek caused a $600 billion freakout. But China’s AI upstart may not be the danger to Nvidia and U.S. export controls many assume
Investors think Chinese startup DeepSeek's AI innovations spell trouble for leading AI chipmaker Nvidia and for U.S. export controls. © 2024 Fortune Media IP Limited ...
TechCrunch22d
Nvidia drops $600B off its market cap amid the rise of DeepSeek
But it isn’t necessarily good news for everyone ... Nvidia lost nearly $600 billion off of its market cap. Nvidia’s stock closed at $142.62 a share on Friday afternoon. On Monday, it closed ...
Benzinga.com22d
Nvidia Says DeepSeek An 'Illustration' Of How New AI Models Can Be Created While Being Export-Control Compliant Amid $600 Billion Market Value Plunge
The startup’s emergence coincided with a $600 billion decline in Nvidia’s market value on Monday. What Happened: The endorsement came as DeepSeek’s open-source AI model, developed for under ...
Fortune22d
Nvidia sheds $600 billion in market cap as Chinese AI startup DeepSeek spurs brutal rout of tech stocks
Shares of Jensen Huang’s Nvidia fell 15% Monday morning as the success of Chinese startup DeepSeek undermined America’s perceived dominance in emerging AI ...
The Conversation22d
600 million Africans don’t have electricity – the green energy transition must start with them
The authors do not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and have disclosed no relevant affiliations beyond ...