Constellation Energy (NASDAQ: CEG) was among the losers this week as the deregulated utility was one of a number of stocks to get hit hard by the launch of DeepSeek, the Chinese AI start-up that is reportedly able to achieve performance results similar to ChatGPT and Alphabet's Gemini,

These tech giants recognize that the next generation of microprocessors to be used for AI calculations at data centers will require oodles of electricity to power and cool them. A single Nvidia Blackwell chip,

An AI chatbot developed by China’s DeepSeek rose to the top of the Apple App Store on Monday, surpassing ChatGPT. DeepSeek said it can operate with much less computing power tha

Shares of nuclear power providers tumbled on Monday as markets reacted to the success of a Chinese startup’s AI model that challenges the performance of the most advanced American models.

Some analysts were quick to assert that DeepSeek’s leap in AI efficiency—using far less computing horsepower and thus far less electricity—blows a hole in the widely accepted narrative that AI is power-hungry. Some in the climate community are already signaling relief that AI’s magic could be available with a lighter energy footprint.

AI-exposed power stocks attempted a rebound Tuesday after getting crushed over worries of less-than-expected energy demand.

Having shattered assumptions in the tech sector and beyond about the cost of artificial intelligence, Chinese startup DeepSeek's new chatbot is now roiling another industry: energy companies.

The Chinese AI company roiled financial markets and showed the road to growth in electricity demand may be bumpy.

In the most recent episode of Pivot, Kara Swisher and Scott Galloway discuss the Chinese AI firm and its cost-effective new model.

Nuscale Power Corp, one of the market's best-performing nuclear energy stocks in 2024, dropped as much as 24%. Vistra Corp, another nuclear power provider, dropped as much as 26%, while Talen Energy Corp and Constellation Energy Corporation dropped 21% and 20%, respectively.

BofA lowered the firm’s price target on Constellation Energy (CEG) to $366 from $380 and keeps a Buy rating on the shares. Constellation and

DeepSeek released an open-source artificial intelligence model in December, saying it took only two months and less than $6 million to create it.