The emergence of a cheaper artificial-intelligence model that saw hundreds of billions of dollars wiped from Nvidia Corp.’s valuation is a welcome disruption to the tech sector, said the head of AustralianSuper.

TOKYO: Japanese tech stocks fell sharply for a second day running on Tuesday (Jan 28) following a plunge in US tech stocks driven by the emergence of a

Your super fund may have taken a hit in the short term today. But in the long term, all of us will profit from the AI race, not just the tech billionaires.

Last week, DeepSeek launched a free AI assistant that it says uses less data at a fraction of the cost of incumbent services. By Monday, the assistant had surpassed U.S. rival ChatGPT in downloads from Apple's app store.

The Australian sharemarket had a mixed start to trading after investor concern over a powerful Chinese artificial intelligence startup saw America’s big tech stocks hammered on Wall Street.

A leading tech expert has demanded US President Donald Trump ban new Chinese artificial intelligence start-up DeepSeek that has rocked the tech world and wiped almost $1 trillion from the US stock market.

The US was seen to have a major lead in the field of AI, and export bans in place were meant to keep it that way. China's new AI tool challenges those assumptions.

The sudden emergence of artificial intelligence product DeepSeek is just the beginning, according to a senior Labor minister.

The Motley Fool's Chief Investment Officer Scott Phillips says Nvidia shares are “down” because a new AI model from China is causing concern. The ASX is expected to follow Wall Street's lead this morning,

DeepSeek, a Chinese AI startup that’s just over a year old, has stirred awe and consternation in Silicon Valley after demonstrating breakthrough artificial intelligence models that offer comparable performance to the world’s best chatbots at seemingly a fraction of the cost.

The news of a cheap and effective Chinese AI app has sent US tech stocks tumbling, while the ASX looks set for a flat opening.  Follow the day's events and insights from our business reporters on the ABC News live markets blog.