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Tag: NVIDIA

OpenAI logo is seen in this illustration taken February 16, 2025. REUTERS/Dado Ruvic/Illustration/File Photo

OpenAI’s weekly active users surpass 400 million

OpenAI’s weekly active users surged past 400 million in February, highlighting rapid growth in the adoption of artificial intelligence tools.

Read More OpenAI’s weekly active users surpass 400 million
A message reading "AI artificial intelligence", a keyboard, and robot hands are seen in this illustration taken January 27, 2025. REUTERS/Dado Ruvic/Illustration/File Photo

AI stock shock could spark broader gains in US market

A development in the field of AI that staggered asset prices could help set the stage for broader stock strength beyond the narrow group of technology shares.

Read More AI stock shock could spark broader gains in US market
Deepseek logo and rising stock graph are seen in this illustration taken, January 27, 2025. REUTERS/Dado Ruvic/Illustration/File Photo

HEDGE FLOW Stock hedge funds post big one-day drop in DeepSeek rout, say Goldman data

Hedge fund stock-pickers lost billions of dollars on Monday in a rout in global technology shares sparked by the emergence of a low-cost Chinese AI model.

Read More HEDGE FLOW Stock hedge funds post big one-day drop in DeepSeek rout, say Goldman data
A smartphone with a displayed NVIDIA logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

Nvidia short bets rake in over $6 billion in profits after DeepSeek panic

Short sellers of AI-related stocks raked in bumper profits after the smashing debut of low-cost AI models from China’s DeepSeek spooked Wall Street.

Read More Nvidia short bets rake in over $6 billion in profits after DeepSeek panic
Deepseek logo and the Chinese flag are seen in this illustration taken January 27, 2025. REUTERS/Dado Ruvic/Illustration

What is DeepSeek and why is it disrupting the AI sector?

Chinese startup DeepSeek’s launch of its latest AI models is threatening to upset the technology world order.

Read More What is DeepSeek and why is it disrupting the AI sector?
Mark Zuckerberg arrives before the inauguration of Donald Trump as the 47th president of the United States takes place inside the Capitol Rotunda of the U.S. Capitol building in Washington, D.C., Monday, January 20, 2025. Kenny Holston/Pool via REUTERS/File Photo

Meta to spend up to $65 bln this year to power AI goals, Zuckerberg says

Meta Platforms plans to spend between $60 billion and $65 billion this year to build out AI infrastructure.

Read More Meta to spend up to $65 bln this year to power AI goals, Zuckerberg says

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SpaceX and Tesla founder Elon Musk participates in a town hall-style meeting to promote early and absentee voting at Ridley High School on October 17, 2024 in Folsom, Pennsylvania. (Photo by Anna Moneymaker/Getty Images)
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