The U.S. is under immense pressure to maintain its dominance in developing Artificial intelligence. Alphabet’s Chief Investment Officer, Ruth Porat, emphasized that China is challenging the U.S.’ position,

The US isn’t guaranteed to maintain a lead over China in the race to develop artificial intelligence, according to Alphabet Inc. President and Chief Investment Officer Ruth Porat.

Stiffer competition for the tech giants at the forefront of the artificial intelligence boom prompted investors to reassess the companies’ sky-high valuations.

We recently published a list of 10 AI News Making Waves on Wall Street. In this article, we are going to take a look at where Alphabet Inc.

The US isn’t guaranteed to maintain a lead over China in the race to develop artificial intelligence, according to Alphabet Inc. President and Chief Investment Officer Ruth Porat. “It isn’t ...

Investors sold tech stocks over concerns that a low-cost Chinese AI model would threaten market dominance of US-based AI leaders.

Chinese startup DeepSeek’s eponymous AI assistant rocketed to the top of Apple Inc.’s iPhone download charts, stirring doubts in Silicon Valley about the strength of America’s lead in AI. Most Read from BloombergWhat Happened to Hanging Out on the Street?

DeepSeek: During his administration, former President Joe Biden placed a wide range of export restrictions on AI chips and the equipment used to make them, hoping to hamper AI development in China.

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

A small group of seven companies, including Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia and Tesla, have become so dominant that they alone contributed to more than half of the S&P 500’s

DeepSeek topped the Apple App Store chart and sparked fears the Chinese company was quickly catching up with OpenAI's ChatGPT while costing far less.

Deepseek: DeepSeek, a Chinese AI startup has shaken the Silicon Valley, becoming the leading free app on Apple's App Store in the US. DeepSeek's claim that its R1 model was made at a fraction of the cost of its rivals,