Meta's top AI scientist, Yann LeCun, said there was a "major misunderstanding" about how billions in AI investment will be used.

Earnings for Amazon stock are due Feb. 6 and management will likely comment on the sudden emergence of DeepSeek.Controlled by Chinese hedge fund High Flyer, DeepSeek competes with U.S. companies like startups OpenAI and Anthropic as well as tech giants like Google-parent Alphabet and Meta Platforms.

China's DeepSeek disrupts AI industry, causing major market losses, while offering cost-effective AI assistant with less data requirements.

Nvidia stock could benefit from these massive AI infrastructure investments.

OpenAI claims to have found evidence that Chinese AI startup DeepSeek secretly used data produced by OpenAI’s technology to improve their own AI models, according to the Financial Times. If true, DeepSeek would be in violation of OpenAI’s terms of service. In a statement, the company said it is actively investigating.

OpenAI is in talks for an investment round to raise nearly $40 billion that would value the AI startup at up to $340 billion, the Wall Street Journal reported on Thursday.

Meta, Apple, Google and other tech companies have been named in a letter penned by Democratic lawmakers, accusing them of cozying up to President-elect Trump.

Meta's Mark Zuckerberg has moved to encourage optimism after DeepSeek’s AI models sent out multiple shockwaves that rocked Wall Street.

Mark Zuckerberg’s confidence: The Meta chief executive officer predicted a “really big year” in which the social media company’s “highly intelligent and personalized AI assistant” will reach more than 1 billion people on its platforms.

SoftBank Group (TYO:9984) is in talks to lead a funding round of up to $40 billion in OpenAI, valuing the ChatGPT maker at $300 billion, sources said. If finalized, this would mark a record-breaking private funding