Larry Ellison, the Oracle (NYSE:ORCL) co-founder and one of the richest people on the planet, watched $22.6 billion disappear ...

Hangzhou-based DeepSeek has been developing AI models since 2023, but the company first came onto the radar of many Western investors this weekend as its free DeepSeek R1 chatbot app topped download c ...

DeepSeek also uses a smaller model as opposed to that used by U.S. AI tech giants, which require more processors. Plus, they ...

Five hundred of the world’s richest people collectively lost $108 billion after the Chinese-headquartered artificial ...

Tech billionaires lost around $100 billion as Chinese AI disruptor DeepSeek challenges Silicon Valley with a low-cost chatbot ...

Several billionaires and media personalities such as MrBeast appear to be on the list of contenders to potentially acquire ...

One of the biggest losers was Nvidia boss Jensen Huang (pictured) after shares in the computer chips maker suffered the ...

President Trump announced billions in private sector investment by OpenAI, Softbank and Oracle to build AI infrastructure in ...

Oracle Corp. on Thursday received a $7.75 billion shot of confidence from bond investors to help refinance a huge pile of old ...

As the clock ticks down on TikTok's 75-day reprieve from divesting from its Chinese owners or being banned in the United ...

China's technological capabilities may be advancing faster than previously thought, challenging U.S. dominance in AI, digital ...

Huang's net worth fell from $121 billion to around $100 billion, per the Bloomberg Billionaires Index.