Microsoft on Wednesday reported profits of $24.1 billion in the recently ended quarter, but shares slid on worries over its vital cloud computing business. Microsoft revenue grew to $69.6 billion and the amount of money taken in by its "intelligence cloud" unit climbed to $25.
Microsoft yesterday reported profits of US$24.1 billion in the recently ended quarter, but shares slid on worries over its vital cloud
Did the upstart Chinese tech company DeepSeek copy ChatGPT to make the artificial intelligence technology that shook Wall Street this week?
OpenAI allegedly has evidence that China trained its industry-shaking DeepSeek with OpenAI's data, forcing the company to confront how it will prevent this moving forward.
Markets are looking for assurances that DeepSeek hasn't completely disrupted the AI investment thesis. They may be disappointed.
A late-night post on X from Microsoft CEO Satya Nadella on an economic concept known as Jevons Paradox sought to counter fears that the emergence of China’s DeepSeek large language model and chatbot would pop the artificial-intelligence bubble.
The emergence of China-based AI app DeepSeek sent shares plummeting on Monday for many U.S. tech giants, including chipmaker Nvidia and AI-backer Microsoft.
DeepSeek, an Artificial Intelligence firm headed by quantum trader Liang Wenfeng, has left Silicon Valley stunned with its latest model DeepSeek V-3. Researchers from the firm have claimed that their AI,
The tech giants on Wednesday talked up their AI strategies and said they are sticking with ambitious investments in the technology despite the investor panic this week over the ri
Financial services company Virgin Money was forced to apologize after its AI-powered chatbot threatened to cut off bank customers who use the word "virgin."
DeepSeek caused a market tsunami on Monday as investors digested the news that its new R1 model appeared to perform well despite being trained with less sophisticated chips, somet
DeepSeek says its AI model is similar to US giants like OpenAI, despite fears of censorship around issues sensitive to Beijing