Meta, Nvidia, and other tech giants react to DeepSeek's competitive, cost-efficient models that challenge established market players.

Silicon Valley venture capitalist Marc Andreessen said on X: "DeepSeek R1 is AI's Sputnik moment." A spokesperson for Nvidia told Newsweek: "DeepSeek is an excellent AI advancement and a perfect ...

U.S. equity markets are set to open deep in the red as investors begin to digest the significance of DeepSeek’s AI reasoning model R1.

DeepSeek caused waves all over the world on Monday as one of its accomplishments — that it had created a very powerful A.I. model with far less money than many A.I. experts thought possible — raised a host of questions, including whether U.S. companies were even competitive in A.I. anymore.

Nvidia (NVDA) stock dropped nearly 17% Monday, leading a sell-off across chip stocks and the broader market after a new AI model from China's DeepSeek raised questions about AI investment and the rise of more cost-efficient artificial intelligence agents.

So our plan here is to place a moderately bearish bet on Nvidia expiring at the end of February, and then a more aggressive bearish bet against it expiring in September, after Nvidia's August earnings report. If you are subscribed to our trading Substack, you can check your email for the specific trades. If not, you can subscribe below.

Marc Andreessen [archival audio]: The deal was somebody like me basically could start a company. You could invent a new technology, in this case, web browsers and all the other things that Netscape did. Everybody would think that that was great.

Global investors are worried the emergence of a low-cost Chinese AI model will threaten the dominance of AI leaders.

Elon Musk, who is developing his own AI model, questioned whether Silicon Valley’s new Chinese rival had made up claims of being more efficient.

Now Marc Andreessen, a tech community legend whose ... Investors have bid up the prices of companies like Nvidia, Microsoft, and Tesla on the expectation that a select few will be in a position ...

DeepSeek, the Chinese artificial intelligence startup that sent tech stocks reeling this week, sparked fresh concerns about U.S. companies losing