China’s ability to compete using fewer resources demonstrates the need for the U.S. to intensify its open-source AI efforts. In an op-ed published on Tuesday in The Washington Post, Former Google CEO Eric Schmidt described DeepSeek’s rise as “a turning point” in the global artificial intelligence (AI) race. RELATED: Chinese Firm DeepSeek’s Entry Into AI […]

Heavy losses experienced by AI companies have led the tech-heavy Nasdaq index to fall more than 4%. The unexpected entry of the Chinese company DeepSeek as a new player in the artificial intelligence (AI) market has shaken the dominance of U.S. companies like Nvidia, whose shares plunged more than 12% in pre-market trading on Wall […]