DeepSeek AI, favored by investors over ChatGPT, uses rapid advancements with cheaper chips as U.S. tech restrictions fuel China’s AI innovation.

DeepSeek, a Chinese startup, rocked the AI world after debuting a model that rivaled the capabilities of OpenAI's ChatGPT for a fraction of the price.

Shares of chipmaker Nvidia plunged Monday, for its worst day since the global market sell-off in March 2020 triggered by the coronavirus pandemic.

DeepSeek’s AI models reportedly rival OpenAI’s for a fraction of the cost and compute.

NVIDIA issues a statement regarding Chinese AI company DeepSeek, after its game-changing AI model, says it's an 'excellent AI advancement'.

Chinese AI company DeepSeek has huge success on the Apple App Store: its AI assistant app is the top free app, beating OpenAI's ChatGPT app.

In a matter of days, DeepSeek proved to be so popular as to climb to the top of Apple's App Store, surpassing OpenAI's ChatGPT as the most downloaded app. But for owners of Nvidia stock, and stock traders in general, DeepSeek is on track of becoming a black swan — an unexpected event with extreme consequences.

Tech stocks tumbled as Chinese AI startup DeepSeek's advances raised fears of intensified competition, shaking investor confidence. Follow Newsweek's live blog.

No company has financially benefited more from the tech industry’s AI boom more than NVIDIA. While the GPU manufacturer has enjoyed record success over multiple quarters, the company’s stock has fallen 17% as DeepSeek continues to mount momentum and capture the attention of audiences.