The emergence of cheaper and more efficient AI models off the back of China’s DeepSeek could reshape demand for data centers, boosting a sector that investors were already heavily betting would continue to boom. For years now, analysts have forecast exponential growth in data centers — the critical infrastructure required for powering the world’s digital … Read more
Tesla and SpaceX CEO Elon Musk joins U.S. President Donald Trump during an executive order signing in the Oval Office at the White House on Feb. 11, 2025 in Washington, DC. Andrew Harnik | Getty Images Tesla shares dropped 6% on Tuesday after Chinese rival BYD announced plans to develop autonomous vehicle technology with DeepSeek, … Read more
The Russel Metals industrial facility seen in Nisku, Alberta, Canada, on Feb. 7, 2025. Artur Widak | Nurphoto | Getty Images The excitement over artificial intelligence and U.S. President Donald Trump’s perceived friendliness to the stock market buoyed up investor sentiment as recently as December. In 2025, it seems those animal spirits have somewhat evaporated. … Read more
Google DeepMind co-founder and Chief Executive Officer Demis Hassabis gives a conference during the Mobile World Congress (MWC), the telecom industry’s biggest annual gathering, in Barcelona on February 26, 2024. Pau Barrena | Afp | Getty Images PARIS — Deepseek’s AI model “is probably the best work” out of China, Demis Hassabis, the CEO of … Read more
Megacap technology companies funneled billions of dollars into artificial intelligence last year to try and keep up with unfettered demand. The hype isn’t dying down in 2025. Meta, Amazon, Alphabet and Microsoft intend to spend as much as $320 billion combined on AI technologies and datacenter buildouts in 2025, based on comments from their CEOs … Read more
The Marriner S. Eccles Federal Reserve building in Washington, DC, U.S., on Sunday, Jan. 12, 2025. Samuel Corum | Bloomberg | Getty Images If investors were to judge the stability of the economy by looking at the stock market, its two-day winning streak might lead investors to think that it’s business as usual. The market’s … Read more
Sundar Pichai, CEO of Google and Alphabet, attends the inauguration of a new hub in France dedicated to the artificial intelligence (AI) sector, at the Google France headquarters in Paris, France, Feb. 15, 2024. Gonzalo Fuentes | Reuters Google parent company Alphabet shares fell as much as 8% in after-hours trading Tuesday after the company reported fourth-quarter … Read more
Satya Nadella, CEO of Microsoft, arrives for the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, July 9, 2024. Brendan McDermid | Reuters Microsoft shares tumbled as much as 5% in extended trading Wednesday after the software company issued fiscal second-quarter results that included … Read more
Nvidia CEO Jensen Huang holds a Blackwell GeForce RTX 50 Series GPU (L) and a RTX 5000 laptop as he delivers a keynote address at the Consumer Electronics Show (CES) in Las Vegas, Nevada on January 6, 2025. Patrick T. Fallon | Afp | Getty Images Nvidia lost close to $600 billion in market cap … Read more
DeepSeek on Monday said it would temporarily limit user registrations “due to large-scale malicious attacks” on its services, though existing users will be able to log in as usual. The Chinese artificial intelligence startup has generated a lot of buzz in recent weeks as a fast-growing rival to OpenAI’s ChatGPT, Google’s Gemini and other leading … Read more