AI Model Race Heats Up: BABA, NVDA, MSFT, META, GOOGL in Focus

Chinese Artificial Intelligence (AI) firm DeepSeek rattled the AI industry with the announcement of its low-cost AI models, prompting a huge sell-off in shares of U.S. tech giants, including NVIDIA (NVDA) , Broadcom, Amphenol, AMD, Microsoft (MSFT) , Alphabet (GOOGL) and Oracle.Microsoft through its OpenAI investment and GOOGL via Gemini models are direct competitors of DeepSeek along with Meta Platforms (META) Llama models. DeepSeek is now facing competition in the domestic front with Alibaba (BABA) , Chin ...