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News24 Business | Transaction Capital bigwigs raked in more than R81m in 2024 despite billions in lossesJanuary 28, 2025
	
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Home » News24 Business | Wall Street hit as China's AI push rattles Big Tech

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News24 Business | Wall Street hit as China's AI push rattles Big Tech

By staffJanuary 27, 20251 Min Read

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Futures linked to the tech-heavy Nasdaq tumbled on Monday as the overwhelming popularity of an inexpensive Chinese artificial intelligence model sparked a selloff in AI-related shares, with megacap stocks including Nvidia the worst hit.

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