Fears of upheaval in the AI gold rush rocked Wall Street following the emergence of a popular ChatGPT-like model from China, with US President Donald Trump saying it was a "wake-up call" for Silicon Valley.

DeepSeek released an open-source artificial intelligence model in December, saying it took only two months and less than $6 million to create it.

We are closing our live coverage of the 2025 Word Economic Forum in Davos. Goodbye. Al Hassaina Mosque on December 3, 2021, and the mosque after its destruction in an Israeli strike during the war, in Gaza City, January 22, 2025. REUTERS/Mohammed Salem/Mahmoud Al-Basos

In what marks the largest single-day drop in stock market history, Nvidia's valuation has been hit by China's answer to ChatGPT.

The Promenade in Davos, Switzerland is the focal point of the World Economic Forum's annual meeting in the Swiss ski ... at a time when ChatGPT was still gaining in popularity, while Nvidia's stock continued to rally. Nvidia, whose chip systems are used ...

A speech by the U.N. chief, economic growth potential in places like China and Russia, the challenges of artificial intelligence and leaders from Spain to Malaysia are set to headline the agenda at the World Economic Forum’s annual event in Davos.

The Dow Jones index rose but other indexes lagged in the stock market today. Yield rose as investors awaited Trump's Davos address.

President Donald Trump promised global elites lower taxes if they bring manufacturing to the U.S. and threatened to impose tariffs if they don’t.

Fears of upheaval in the AI gold rush rocked Wall Street yesterday following the emergence of a popular ChatGPT-like model from China,

Talk of an artificial-intelligence upstart in China behind a formidable ChatGPT rival had been building for days.

Nvidia is no longer the world's most valuable company after suffering the biggest stock market drop in history.