Wall Street Got DeepSeek All Wrong. Why It’s a Boon for Big Tech, Especially Nvidia
The Nasdaq Composite fell 3.1% on Monday, while AI leader Nvidia tumbled 17%. But the reality was, and is, far more complicated. DeepSeek didn’t replicate OpenAI’s ability by spending a few million ...
SoftBank eyes $40 billion OpenAI investment as US-China AI race heats up: Report
SoftBank Group, led by Masayoshi Son, is in discussions to invest up to $40 billion in OpenAI, valuing it at $300 billion. This follows a shift in AI dynamics with DeepSeek overtaking ChatGPT in US ...