By Stephen Nellis SAN FRANCISCO (Reuters) -Nvidia on Monday said Chinese AI firm DeepSeek’s advances show the usefulness of its chips for the Chinese market and that more of its chips will be needed in the future to meet demand for DeepSeek’s services. Nvidia issued a statement on Monday after its shares tumbled 17% on…
WASHINGTON (Reuters) -The Justice Department is firing more than a dozen officials who worked on Special Counsel Jack Smith’s cases against President Donald Trump on charges of trying to overturn his 2020 election defeat and mishandling of classified documents, Fox News reported on Monday. The officials were fired after Acting Attorney General James McHenry said…
By Aditya Soni and Zaheer Kachwala (Reuters) – Chinese startup DeepSeek’s cheaper AI is sharpening investor scrutiny of the billions U.S. tech giants are pouring to develop the technology and analysts say it will dominate this week’s much-awaited results from industry bellwethers. DeepSeek has claimed it took just two months and cost under $6 million…
By Jonathan Stempel NEW YORK (Reuters) – Citigroup can force military personnel to arbitrate claims that its Citibank unit charged unfairly high interest rates on their credit card balances after they returned to civilian life, a federal appeals court panel ruled on Monday. Reversing a trial judge, the 4th U.S. Circuit Court of Appeals in…
