DeepSeek Billionaire Rout: Nvidia’s Huang And Oracle’s Ellison Lose Combined $48 Billion
Nvidia drops 15% as Chinese AI startup DeepSeek spurs brutal rout of tech stocks
Nvidia Erases $589 Billion in Value as DeepSeek Batters Stock
Larry Ellison, Oracle Co-Founder And One Of Richest Men In The World, Saw His Net Worth Dip $22.6 Billion In One Day Due To DeepSeek Selloff
Larry Ellison, the Oracle (NYSE:ORCL) co-founder and one of the richest people on the planet, watched $22.6 billion disappear in a single day on January 27—and he didn't even have to lift a finger. The selloff was brutal,
Nvidia suffers record wipeout on DeepSeek fears — as CEO Jensen Huang’s net worth tanks
US chip giant Nvidia and its CEO Jensen Huang are set for a record wipeout on Monday after Chinese startup DeepSeek upended the tech sector with its advanced new artificial intelligence model.
DeepSeek Panic Live Updates: Nvidia Stock Drops 4%—As Trump Reportedly Mulls China Chip Sale Restrictions
Nvidia shares' 9% recovery Tuesday was the second-best day in terms of market cap added for any company ever—but the company faced another selloff Wednesday.
From Larry Ellison To Jensen Huang, Here Are Some American Tycoons Who Lost Billions In Personal Net Worth In A Day Amid DeepSeek Chaos
The American markets were spooked by the DeepSeek AI storm on Monday, January 27. While Dow Jones closed in green with minor gains, the tech-heavy Nasdaq closed with colossal losses of 612.47 points,
How China’s DeepSeek shook up US markets, by the numbers
A company called DeepSeek said it had developed a large language model that can compete with U.S. AI giants but at a fraction of the cost.
Observer5d
Trump’s $500B Stargate A.I. Project: What Will It Build and Does It Actually Have the Money?
President Donald Trump announced an A.I. initiative called Stargate. During a press conference at the White House attended by SoftBank (SFTBF) CEO Masayoshi Son and Oracle founder Larry Ellison, the returning President told reporters the initiative will invest $500 billion—equivalent to almost 2 percent of the annual U.
World’s richest people lose billions in Nvidia plunge
The world’s 500 richest people, led by Nvidia co-founder Jensen Huang, lost a combined $US108 billion ($172 billion) on Monday as a tech-led selloff tied to Chinese AI developer DeepSeek sent major indices plunging.
DeepSeek hype: Nvidia lost 600 billion US dollars in stock market value in a day
After a Chinese AI app suddenly overtook the competition from OpenAI at the weekend, the AI sector had a dark day on the stock market.
Project Stargate: Trump Plots With Larry Ellison, Sam Altman On $500B AI Initiative
Yes, that's the name of a 1994 Roland Emmerich movie. It's now a big infrastructure project to help power tech giants' foray into AI.
Business Insider on MSN1d
DeepSeek's sudden rise is straight out of China's disruption playbook
DeepSeek threatens to disrupt the AI sector in a similar way to how Chinese companies have already upended industries such as EVs and mining.
Forbes2d
DeepSeek Billionaire Rout: Nvidia’s Huang And Oracle’s Ellison Lose Combined $50 Billion
Nvidia CEO Jensen Huang speaks at CES 2025 ... Rivaling Huang’s drop Monday was a $29.4 billion loss for Oracle chairman Larry Ellison, as Oracle stock tanked 15% — Ellison fell from third ...