The 'Magnificent Seven' era is ending, says the Bank of America strategist who named it

found 7 Feb Quartz

qz.com › magnificent-seven-bank-of-america-deepseek-ai-1851758030

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The man who coined the term “Magnificent Seven,” which refers to seven high-performing tech stocks — Alphabet (GOOGL), Amazon (AMZN), Apple (AAPL), Nvidia (NVDA), Microsoft (MSFT), Meta (META), and Tesla (TSLA) — now believes its golden era is about to end, and that’s due to the AI battle driven by DeepSeek.

Amazon plans an AI spending spree, joining Meta, Microsoft, and Google

found 7 Feb Quartz

qz.com › amazon-ai-spend-meta-microsoft-google-openai-deepseek-1851757795

This story seems to be about:

Amazon (AMZN) is the latest technology giant to announce it will continue spending massive amounts of cash on artificial intelligence, even after Chinese startup DeepSeek’s success.

Nvidia's DeepSeek opportunity, Gemini 2.0 for all,and OpenAI's TV debut: AI news roundup

found 7 Feb Quartz

qz.com › gemini-2-us-deepseek-ban-openai-superbowl-alphabet-ai-1851757140

This story seems to be about:

Chinese AI startup DeepSeek continues to be the talk of Wall Street and Silicon Valley, with JPMorgan analysts saying U.S. firms such as Nvidia (NVDA), Meta (META), and Google parent Alphabet stand to benefit from its demonstration of potentially cheaper AI model training and inferencing.