Did the upstart Chinese tech company DeepSeek copy ChatGPT to make the artificial intelligence technology that shook Wall Street this week?
U.S. President-elect Donald Trump has told advisers he wants to travel to China after he takes office, the Wall Street Journal reported on Saturday ... Vice President Han Zheng will attend as Beijing stands ready to strengthen cooperation.
Last week's release of the latest DeepSeek model initially received limited attention, overshadowed by the inauguration of Trump.
U.S. stock indexes are rallying toward the close of their best week in two months. The S&P 500 rose 1.1% Friday.
President-elect Trump is interested in heading back to China after he takes office again amid tensions with Beijing, according to a report.
Emboldened by a friendlier incoming Trump administration and their success last year in weakening draft capital hikes, big U.S. banks plan to push to overhaul other U.S. capital rules, according to industry executives.
On Monday, US chipmaker Nvidia led a rout in tech stocks after the emergence of a low-cost Chinese generative AI model. Nvidia, whose semiconductors power the AI industry, saw its shares drop nearly 17 percent, erasing almost $600 billion of its market value.
China's tightening economic controls, lack of transparency, and foreign investment challenges could strain its global economic relationships and exacerbating tensions with the U.S. and its allies. Additionally,
A Chinese company’s claim of a $5.6 million artificial intelligence breakthrough wiped almost $600 billion from Nvidia’s market value on Monday, shattering Wall Street’s confidence that tech companies’ AI spending spree will continue and dealing an apparent blow to US tech leadership.
The US President has previously called for tariffs as high as 60% on China, and analysts have expressed mixed feelings about the news.
The official, confirming a Wall Street Journal report that cited a summary of ... It will direct agencies to assess Beijing's compliance with its 2020 trade deal with the U.S., as well as the status of the U.S.-Mexico-Canada Agreement, or USMCA, the ...
Markets rose Friday after a record day on Wall Street in response to Donald Trump's tax-cut pledge, while the yen strengthened after a widely expected interest rate hike by the Bank of Japan.