Tech-sector titans as a group saw $94 billion of wealth evaporate — roughly 85% of the Bloomberg index’s total decline.

Billionaires tied to AI saw the largest drop, with Nvidia’s CEO Jensen Huang leading the loss with a 20% fall in wealth.

The world’s 500 richest people, led by Nvidia co-founder Jensen Huang, lost a combined $US108 billion ($172 billion) on ...

DeepSeek's LLM works efficiently without requiring high-end computing chips traditionally supplied by companies like Nvidia ...

Beth Kindig, CEO and lead tech analyst for the I/O Fund said in a blog post that Big Tech was on track to spend at least $236 billion in capital expenditure in 2024, which represents year-over-year ...

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...

China's tech advancements are surging despite US sanctions, with Huawei's Mate 60 Pro and local AI models challenging Western ...

US chip giant Nvidia and its CEO Jensen Huang are set for a record wipeout on Monday after Chinese startup DeepSeek upended ...

While Huang and Ellison suffered losses, other major tech billionaires’ fortunes escaped unscathed. Zuckerberg’s net worth ...

Oracle chairman Larry Ellison and Nvidia CEO Jensen Huang lost tens of billions on paper as shares of their AI-focused ...