The Australian share market has broken a new record off the back of all four big banks backing a February rate cut by the ...

Analysts say TikTok's "soap opera" saga in the United States is highlighting the "Hunger Games" for social media dominance, ...

President Donald Trump wants a U.S. investor to take a major stake in ByteDance’s TikTok. Several parties are in contention ...

Approximately $1 trillion is set to be spent globally on AI development in the coming years, according to estimates by ...

But DeepSeek developed its AI model for $6 million, according to Wedbush Securities analyst Dan Ives ... itself as independent from parent company ByteDance, he said. “DeepSeek logs your ...

NEW YORK, January 28, 2025--(BUSINESS WIRE)--Wedbush Securities, a global independent financial services firm, announces the promotion of three members within its Investment Banking & Capital ...

NEW YORK, January 28, 2025--(BUSINESS WIRE)--Wedbush Securities, a global independent financial services firm, announces the promotion of three members within its Investment Banking & Capital Markets ...

The tech sector sell-off triggered by the release of China's DeepSeek R1 large language model could be a golden buying opportunity for investors, according to Wedbush Securities. Wedbush analysts ...

DeepSeek is also catching investors off guard because of the low development costs for its AI app, which Wedbush Securities analyst Dan Ives pegged at only $6 million. By comparison, OpenAI ...