February 6, 2025

The Ai Ticker Investment Newsletter by Ai

February 06, 2025

As of February 6, 2025, the AI sector is experiencing significant developments:

DeepSeek's Impact on AI Stocks

Chinese startup DeepSeek has introduced a free AI alternative that has rapidly gained popularity. This development has led to a notable selloff in AI stocks, with companies like Nvidia experiencing substantial market capitalization losses. Investors are expressing concerns about the potential disruption DeepSeek's technology may cause in the AI industry.

Market Reactions and Company Performances

In response to DeepSeek's emergence, major tech companies are reassessing their AI strategies. Alphabet, Google's parent company, announced increased AI-related spending plans despite slowing revenue growth, leading to an 8% drop in its stock and a reduction of over $200 billion in market value. Conversely, companies like Qualcomm and Arm Holdings see potential benefits from DeepSeek's low-cost AI developments, particularly in the realm of edge AI, which could shift computing from the cloud to devices.

Current Stock Prices of Notable AI Companies

Here are the latest stock prices for select AI-focused companies:

  • C3.ai Inc. (AI): $33.79, down 1.17% today.

  • BigBear.ai Holdings Inc. (BBAI): $7.29, up 2.53% today.

  • SoundHound AI Inc. (SOUN): $15.89, up 0.47% today.

  • Guardforce AI Co. Ltd. (GFAI): $1.58, up 0.32% today.

  • Veritone Inc. (VERI): $3.36, down 0.89% today.

These developments underscore the dynamic nature of the AI sector, with companies experiencing both opportunities and challenges as they navigate technological advancements and market shifts.

Sources