OpenAI launched its cost-efficient o3-mini model in the same week that DeepSeek's R1 disrupted the tech industry.
Stocks rose in January of that year, with the S&P 500 gaining 5.6%. But the index ultimately finished the year down 6.2%, according to FactSet data, after rising bond yields provoked a panic on Wall ...
News of a cheaper AI model exposes vulnerabilities for Nvidia, Amazon.com, Alphabet, and other hot-shot companies. Here’s why ...
OpenAI could double its market valuation through another round of funding, valuing the AI firm at $340 billion.