NEW YORK – The world’s 500 richest people, led by Nvidia co-founder Jensen Huang, lost a combined US$108 billion (S$145 ...
Tech-sector titans as a group saw $94 billion of wealth evaporate — roughly 85% of the Bloomberg index’s total decline.
Trump calls Chinese startup DeepSeek's cheaper AI methods "a positive," as U.S. tech stocks plunge amid market sell-off.
The tech sector accounted for 85 per cent of the losses, as wealth tied to artificial intelligence (AI) faced a steep ...
Billionaires tied to AI saw the largest drop, with Nvidia’s CEO Jensen Huang leading the loss with a 20% fall in wealth.
Markets had a cult-like belief that a small group of US tech giants, led by Nvidia, would dominate the AI arms race. China’s ...
Nvidia called DeepSeek’s R1 model “an excellent AI advancement,” despite the Chinese startup’s emergence causing the chip ...
Rivaling Huang’s drop Monday was a $29.4 billion loss for Oracle chairman Larry Ellison, as Oracle stock tanked 15% — Ellison ...
Investors soured on some tech stocks like Oracle and Nvidia as China’s DeepSeek sparked questions about the massive AI ...
People are camping out in the cold to be the first to buy new Nvidia 5000 Series GPUs. A look at how Nvidia is entering ...
Beth Kindig, CEO and lead tech analyst for the I/O Fund said in a blog post that Big Tech was on track to spend at least $236 billion in capital expenditure in 2024, which represents year-over-year ...