The AI’s responses to queries related to dissident artists and artistic freedom were terse and biased in favor of the Chinese government.

DeepSeek, a new Chinese chatbot, alarmed American political circles this week. Now, Chinese dissident artists like Ai Weiwei are crying foul.

S&P 500 futures are falling 1.6%. Dow Jones Industrial Average futures are dropping 0.9%. Nasdaq 100 futures are plunging 2.6%. On Friday, the Dow Jones Industrial Average fell 141 points, or 0.32%, to 44,

Good morning. US tech futures plunge as a Chinese AI newcomer threatens to shake things up. Donald Trump briefly proposes tariffs on Colombia. And Elon Musk’s Department of Government Efficiency is now hiring.

DeepSeek just took the market by storm, launching a large-language artificial intelligence (AI) model very similar to OpenAI's ChatGPT but at a fraction of the development cost, at least according to the Chinese start-up behind the technology.

As the artificial intelligence (AI) revolution enters its third year, certain Wall Street analysts expect Nvidia (NASDAQ: NVDA) and Microsoft (NASDAQ: MSFT) to make history by becoming the first $4 trillion companies.

Options bulls were targeting the stock before today, too. At the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), BABA's 50-day call/put volume ratio of 8.66 ranks in the 99th annual percentile. This suggests that calls have been much more popular than usual of late.

The S&P 500 fell 1.7% Monday. Big Tech stocks took some of the heaviest losses, with Nvidia down 16%, and they dragged the Nasdaq composite down 3.2%.

Flyer uses artificial intelligence to predict market trends and help make investment decisions. In 2021, he started buying thousands of Nvidia chips as part of an AI side project, then launched DeepSeek in 2023.

DeepSeek topped the Apple App Store chart and sparked fears the Chinese company was quickly catching up with OpenAI's ChatGPT while costing far less.

U.S. tech stocks, including Nvidia, Oracle and Broadcom, plummeted Monday after Chinese startup DeepSeek said it created an AI system that can compete against chatbots such as OpenAI's ChatGPT at much lower costs.