DeepSeek sinks stocks, Big Tech earnings, and AI for cancer: AI news roundup
Chinese artificial intelligence startup DeepSeek sparked a global tech stock sell-off earlier this week that saw chip leader Nvidia lose almost $600 billion in market value — a record-setting loss for a U.S. company.
Meanwhile, investors awaited earnings results from Meta, Microsoft, and Apple.
Read about this and more in this week’s AI news roundup.
Microsoft stock falls almost 5% after modest Azure growth
Microsoft (MSFT) shares fell by around 5% during after-hours trading on Wednesday after it reported Azure cloud computing growth toward the bottom range of expectations.
Meta stock climbs after earnings beat on AI, smart glasses
Meta (META) stock climbed by around 4% in after-hours trading after chief executive Mark Zuckerberg said on the company’s earnings call that it plans to invest “hundreds of billions of dollars” in artificial intelligence infrastructure in the long term.
Alibaba says it has an AI model even better than DeepSeek
Days after Chinese artificial intelligence startup DeepSeek sparked a global tech stock sell-off, a homegrown rival said its new AI model performed even better.
Microsoft thinks China’s DeepSeek might have used OpenAI’s tech before its big breakthrough
Microsoft (MSFT) and OpenAI are investigating whether a group connected to the Chinese AI startup DeepSeek accessed OpenAI’s data without permission, according to a new report.
Big Tech has a big DeepSeek problem
Big Tech’s multi-billion dollar spending on artificial intelligence will be under investor scrutiny this week — even more so after China’s DeepSeek sent shockwaves through Wall Street and Silicon Valley with a cheap yet competitive AI model.
The White House is looking into DeepSeek over national security concerns
The White House is looking into national security concerns over the Chinese artificial intelligence app DeepSeek after its developer prompted a global tech sell-off.
DeepSeek is the ‘Temu of AI,’ analysts say
After traders sold off global technology stocks en masse Monday on news of a Chinese artificial intelligence competitor, some aren’t too concerned with DeepSeek’s seemingly meteoric rise.
Trump says DeepSeek’s AI bombshell should be a ‘wake-up call’ for Big Tech
The release of DeepSeek-R1, a new open-source reasoning model from a Chinese artificial intelligence startup, should be a “wake-up call” for the U.S. tech industry, President Donald Trump said.
LinkedIn co-founder Reid Hoffman just raised $25 million to take on cancer with AI
LinkedIn (MSFT) co-founder and venture capitalist Reid Hoffman on Monday launched an AI startup aimed at discovering new treatments for cancer.
Big Retail is bringing out Big AI. Consumers might not even notice
AI is no longer just a buzzword in retail. It’s a tool retailers are increasingly deploying to transform their business operations.
Apple earnings are coming. Here’s what to expect
Apple (AAPL) is expected to release its fiscal first quarter results after the market closes on Thursday.
Nvidia is doing damage control after DeepSeek’s AI advance routed the stock
Nvidia (NVDA) addressed its tumbling stock on Monday by saying Chinese artificial intelligence startup DeepSeek will need more of its chips for new models.
DeepSeek is limiting sign-ups after a ‘large-scale’ cyberattack
Chinese artificial intelligence startup DeepSeek said it would temporarily limit signups after being the victim of “large-scale malicious attacks” on its servers.
Chinese AI startup DeepSeek is rattling markets. Here’s what to know
A Chinese artificial intelligence startup is rattling Silicon Valley and Wall Street after it demonstrated AI models on par with OpenAI’s — for a fraction of the cost and energy.