Meta Platforms Inc is promoting Instagram by exploiting the absence of TikTok download option from Apple and Google stores.

DeepSeek's large-language-model launch could wipe nearly $1 trillion in market value from the biggest U.S. tech companies.

U.S. stocks dropped sharply Monday after a surprise advancement from a Chinese artificial intelligence company, DeepSeek, threatened the aura of invincibility surrounding America's technology industry.

President Donald Trump has denied holding talks with Oracle (ORCL) about a TikTok deal, saying that he has “spoken to many people about

Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of

Stocks were sharply lower Monday afternoon on concerns about the competitive threat that China poses in the race to develop artificial intelligence.

Meta last week said it would spend upward of $65 billion this year on AI development. Sam Altman, CEO of OpenAI, last year said the AI industry would need trillions of dollars in investment to support the development of in-demand chips needed to power the electricity-hungry data centers that run the sector’s complex models.

Not everyone is convinced. Atif Malik, a Citi analyst, was among a number of skeptics questioning DeepSeek's thriftiness. What is real is that DeepSeek is charging end users significantly less - 14 cents per million input tokens, vs. $15 for OpenAI's o1 model.

In a significant development shaking the global technology landscape, Chinese AI startup DeepSeek has emerged as a formidable contender against established US tech giants. Surpassing ChatGPT to become the top-rated app on Apple’s App Store in the US,

AI stocks soared after OpenAI announced a partnership with Oracle and SoftBank that could result in up to half a trillion dollars of investment in AI infrastructure over the next four years.

Those earnings will hit as big-tech executives try to cozy up to President Trump, and as artificial intelligence ambitions remain one of the main drivers for the industry and the market. Trump hopes to turbocharge both, announcing plans for $500 billion in investments in AI infrastructure last week.