Hedge funds were pausing US AI bets as DeepSeek emerged, says Goldman
By Nell Mackenzie LONDON (Reuters) – Hedge funds were already waiting to see if a U.S.-fostered, home-grown artificial intelligence boom…
Day: January 27, 2025
Nvidia says DeepSeek advances prove need for more of its chips
By Stephen Nellis SAN FRANCISCO (Reuters) -Nvidia on Monday said Chinese AI firm DeepSeek’s advances show the usefulness of its…
US new home sales exceed expectations; rising supply curbs house price growth
By Lucia Mutikani WASHINGTON (Reuters) -Sales of new U.S. single-family homes increased more than expected in December, further evidence that…
Big Tech faces heat as China’s DeepSeek sows doubts on billion-dollar spending
By Aditya Soni and Zaheer Kachwala (Reuters) – Chinese startup DeepSeek’s cheaper AI is sharpening investor scrutiny of the billions…