The transformative power of artificial intelligence (AI) is undeniable. A recent McKinsey & Company research report estimates generative AI alone could add $2.6 trillion to $4.4 trillion in annual value across analyzed use cases -- comparable to the United Kingdom's entire gross domestic product.

Chip stocks in the U.S. and Europe rose on Wednesday for a second straight day, recovering from a punishing selloff triggered by China's low-cost DeepSeek artificial intelligence tool at the start of the week.

A Chinese startup’s latest affordable artificial intelligence (AI) chatbot sent NVIDIA Corporation’s NVDA shares into a tailspin, erasing half a trillion in market capitalization. However, the widespread anxiety among NVIDIA investors is overblown.

DeepSeek just shook up the artificial intelligence (AI) world in the biggest way since OpenAI launched ChatGPT in late 2022. The Chinese company's new R1 large language model (LLM) reportedly matches or beats OpenAI's o1 model on some benchmarks.

This story incorporates reporting from The Motley Fool, scmp.com and MSN.The rise of Chinese AI startup DeepSeek has caused ripples across the technology sector by exposing potential weaknesses in Nvidia’s market dominance.

Monday’s big tech sell-off in shares across the world stemmed from the release of an artificial intelligence model launched by DeepSeek - but on Tuesday, some of those worst-hit stocks bounced back. With a short period of time for reflection and re-judgement since the initial shock,

Wall Street spiraled into panic mode Monday when Chinese artificial intelligence (AI) company DeepSeek unboxed a chatbot that reportedly matches OpenAI's capabilities, while requiring significantly less computational power.