DeepSeek R1, the surprisingly efficient and powerful Chinese AI model, has taken the technology industry by storm and is ...

The Chinese upstart says it has trained high-performing AI models cheaply, without using the most advanced chips.

Chip giant Nvidia ( NVDA) was more than 11% lower in the first hour of US trading. Industry peer ASML ( ASML) lost 8%, while Arm ( ARM ), Broadcom ( AVGO ), and Micron Technology ( MU) also got ...