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Citigroup's markets revenue rose 12% to $6 billion in the quarter, surpassing its earlier expectations for a mid-single-digit percentage gain, the bank said on Tuesday.
In early 2025, the Chinese AI company DeepSeek made international news upon releasing a large language model (LLM) that appeared to outperform the traditional AI powerhouse companies, largely ...
FIRST ON FOX: A powerful House Committee is demanding information from DeepSeek on what U.S. data it used to train the AI model as members accuse the company of being in the pocket of the Chinese ...
And each, in its own way, changed everything. Now it’s DeepSeek, the open-source reasoning model developed by a Chinese AI startup of the same name, that is disrupting the resources required to ...
A bipartisan House panel released a report Wednesday accusing DeepSeek of posing a “profound threat” to U.S. national security, alleging the Chinese AI startup harvests user data on behalf of ...
In the rapidly evolving landscape of artificial intelligence (AI), China’s DeepSeek has emerged as a significant player, drawing both admiration and concern. While some view DeepSeek as a ...
DeepSeek was significant in that it utilized ... Q guide's ability to beat street estimates comfortably," analysts at Citi said in a note on Wednesday. These issues only compounded investor ...
SEOUL, April 24 (Reuters) - South Korea's data protection authority said on Thursday that Chinese artificial intelligence startup DeepSeek transferred user information and prompts without ...
April 16 (Reuters) - The Trump administration is weighing penalties that would block China's DeepSeek from buying U.S. technology and is debating barring Americans' access to its services ...
“The drivers of ‘exceptionalism’ are fading, both from a GDP and EPS perspective,” Citi analysts led by ... pressured by the DeepSeek artificial intelligence model out of China and ...
According to Citi, broader structural shifts are also putting pressure on U.S. equity dominance, including growing competition from China's DeepSeek AI model and fiscal stimulus efforts in Europe.