Wedbush analyst Dan Ives has expressed skepticism over Chinese startup DeepSeek’s assertion of developing its low-cost AI model, R1, for under $6 million. What Happened: DeepSeek has stated that ...
Wedbush Securities analyst Dan Ives expects Meta Platforms Inc. META and Microsoft Corp. MSFT to stand firm on their ambitious artificial intelligence spending plans during their upcoming earnings ...
Wall Street's biggest AI bull isn't worried about DeepSeek. Dan Ives, managing director of Wedbush Securities and a staunch AI cheerleader, says he's sticking by the tech stocks that have powered the ...
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 ...