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Chinese AI Competitor Tanks Tech Stocks
Chinese AI Competitor
Tanks Tech Stocks
MARKETS
Jan 27, 2025 3:52 PM CST

Chinese AI Competitor Tanks Tech Stocks

Nvidia plunges almost 17%

(Newser) - Wall Street's superstars tumbled Monday as a competitor from China threatened to upend the artificial-intelligence frenzy they've been feasting on.
  • The S&P 500 fell 88.96 points, or 1.5%, to 6,012.28.
  • The Dow Jones Industrial Average rose 289.33 points, or 0.7%, to
...

What Is AI&#39;s DeepSeek? The World Is Finding Out
What Is AI's DeepSeek?
The World Is Finding Out
the rundown
Jan 27, 2025 12:15 PM CST

What Is AI's DeepSeek? The World Is Finding Out

Chinese startup is rattling the industry with its new tool

(Newser) - ChatGPT, meet DeepSeek. The latter is a Chinese startup whose new AI assistant has just overtaken ChatGPT as the top downloaded app for iPhones. DeepSeek is also ratting US tech stocks—chip-maker Nvidia in particular—because its success threatens to undermine the world of artificial intelligence with a relatively inexpensive...

This Could Be One of Tech's Worst Stock Days in Years

A low-cost AI startup in China called DeepSeek is rattling markets

(Newser) - Monday might end up being one of the worst days for tech stocks in years, and it's all thanks to a low-cost AI startup out of China called DeepSeek, reports the Wall Street Journal . The tech-centric Nasdaq index was down more than 4% in pre-market trading, with Nvidia—which...

Musk's Latest Move Appears to Have Angered Trump Team

He publicly slams AI initiative pushed by the president

(Newser) - On Tuesday, President Trump announced "the largest AI infrastructure project by far in history"—Stargate, a $500 billion joint venture with Oracle, SoftBank, and ChatGPT maker OpenAI. Trump further called it a "tremendous" and "monumental" initiative. Elon Musk soon weighed in, and his remarks appear to...

Musk Has Doubts About Huge Project Trump Announced

Stargate backer OpenAI doesn't 'actually have the money,' Musk says

(Newser) - President Trump was joined by top execs from OpenAI, Oracle, and Softbank Tuesday night when he announced Stargate , a project to invest up to $500 billion in artificial intelligence infrastructure—but a tech titan closer to Trump's inner circle soon poured cold water on the idea. "They don'...

Trump Defends Pardons for Capitol Rioters

President announces $500B artificial intelligence infrastructure project

(Newser) - President Trump defended his decision to pardon around 1,500 people involved in the Capitol riot, including many convicted of assaulting police officers, in a news conference Tuesday. He said the sentences handed down to members of the Oath Keeper and Proud Boys were "ridiculous and excessive," the...

Sam Altman: I Did Not Sexually Abuse My Sister

Ann Altman files suit against OpenAI CEO, accuses him of molestation starting when she was 3

(Newser) - "My sister has filed a lawsuit against me," Sam Altman posted on X over the weekend, and what he's being accused of in the complaint is shocking. CNN reports that Ann Altman filed her suit against the OpenAI CEO on Monday in federal court in Missouri, accusing...

New Details Released on Vegas Cybertruck Blast

Police say Matthew Livelsberger used ChatGPT to plan attack

(Newser) - The Army Green Beret who exploded a Tesla Cybertruck outside the Trump hotel in Las Vegas used generative AI including ChatGPT to help plan the attack, Las Vegas police said Tuesday. Nearly a week after 37-year-old Matthew Livelsberger fatally shot himself, officials said that according to writings, he didn't...

Post Cartoonist Quits Over Rejected Trump, Bezos Sketch

Ann Telnaes says drawing was inspired by tech bosses' actions

(Newser) - Ann Telnaes has announced that she resigned from the Washington Post after an editor rejected her editorial cartoon depicting President-elect Trump and Jeff Bezos, the newspaper's owner, for publication. "I'm very used to being edited," Telnaes told NPR . "I've never ever, since I've...

Donations to Trump Illustrate a Big-Business Shift
What a $1M Donation
Gets at the Inauguration
the rundown
Dec 25, 2024 8:31 AM CST

What a $1M Donation Gets at the Inauguration

Perks include 'candlelight dinner' with Trump, with big automakers the latest to sign up

(Newser) - "Everybody wants to be my friend," President-elect Trump has said of his 2024 transition to the White House. Judging by the fast-growing list of companies making major donations to his inauguration festivities, it's hard to argue the point. On Tuesday, Toyota became the latest with a pledge...

At This School, Students Will Be Taught by AI, Not Teachers

Experts warn of 'big risk' that charter school in Arizona will be taking

(Newser) - A new charter school in Arizona is making headlines not just because of its short daily regimen—there won't be any teachers, as artificial intelligence will be doing the instructional lifting. Gizmodo reports that on Monday, the state's Board for Charter Schools greenlit an application from Unbound Academy...

Most Downloaded Free App in US Is Out of China

Temu takes top spot in Apple's App Store rankings

(Newser) - Apple is out with its annual list of the most downloaded apps in the US via its App Store, and the winner this year is a freebie out of China, reports TechCrunch . Shopping app Temu holds on to the No. 1 spot, which it ripped away from TikTok last year....

OpenAI Employee Turned Whistleblower Found Dead

Suchir Balaji's death has been ruled a suicide

(Newser) - Suchir Balaji, a former OpenAI researcher who ultimately became a whistleblower speaking out against the company, was found dead in his San Francisco apartment Nov. 26. His death has been ruled a suicide. Three months ago, Balaji, 26, accused OpenAI of violating US copyright law, reports the Mercury News , one...

Suit: Chatbot Subjected Girl to 2 Years of Sexual Content

A Character.AI bot also hinted to a Texas teen that he should kill his parents, per a new complaint

(Newser) - Two families are suing the Google-backed Character.AI, claiming the latter company's chatbots abused their kids and knowingly exposed the minors to "a technology they knew to be dangerous and unsafe." Per the Washington Post , the suit filed Tuesday in Texas involves a 17-year-old boy identified simply...

Meta to Build Massive AI Data Center in Rural Louisiana

The $10B facility will be the company's largest AI data center to date

(Newser) - The largest artificial intelligence data center ever built by Facebook's parent company Meta is coming to northeast Louisiana, bringing hopes that the $10 billion facility will transform an economically neglected corner of the state, reports the AP . Congressional leaders and local representatives from across the political spectrum heralded the...

Pharma Industry Hopes AI Can Help Develop New Drugs

Drug development is still costly and takes a long time—but AI could change that

(Newser) - Artificial intelligence is changing the way companies do business—helping programmers write code and fielding customer service calls with chatbots. But the pharmaceutical industry is still waiting to see whether AI can tackle its biggest challenge: finding faster, cheaper ways to develop new drugs. Despite billions poured into research, new...

Canadian News Groups File Complaint Against OpenAI

Publishers don't appreciate their content being used to train ChatGPT generative AI system

(Newser) - A coalition of Canadian news publishers, including the Canadian Press, Torstar, Globe and Mail, Postmedia, and CBC/Radio-Canada, has filed a lawsuit against OpenAI for using news content to train its ChatGPT generative artificial-intelligence system. The outlets said in a joint statement Friday that OpenAI regularly breaches copyright by scraping large...

ChatGPT Defeated Doctors at Diagnosing Illness
ChatGPT Defeated
Doctors at Diagnosing Illness
NEW STUDY
Nov 18, 2024 12:12 PM CST

ChatGPT Defeated Doctors at Diagnosing Illness

Docs who used ChatGPT to diagnose didn't fare better than those without—but the bots alone won

(Newser) - Over the summer, researchers gave a failing grade to artificial intelligence when it comes to diagnosing illnesses, finding that a chatbot that read 150 case studies diagnosed the correct condition less than 50% of the time. "ChatGPT in its current form is not accurate as a diagnostic tool,"...

AI Chatbot Response: 'Human ... Please Die'

Google's Gemini tool issues a creepy request to user in Michigan

(Newser) - Google's artificial intelligence chatbot apparently got tired of its conversation with a mere mortal and issued the following directive, reports CBS News :
  • "This is for you, human. You and only you. You are not special, you are not important, and you are not needed. You are a waste
...

Bees Complicate Meta's Nuclear-Powered AI Plans

Sources tell Financial Time s that rare bees were found at proposed site near reactor

(Newser) - Meta, like rivals including Microsoft and Amazon, has been seeking to use nuclear power to meet the vast power demands of its artificial intelligence projects, but the quest has been complicated by bees. The company had planned to build an AI data center near an unspecified nuclear plant in the...

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