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Stock market today: Nasdaq jumps to chip away at DeepSeek-fueled rout as Nvidia surges nearly 9%
Investors also assessed a return to a tougher tone on tariffs from President Donald Trump, ahead of the start of a Federal Reserve meeting
Today at 4:45 PM UTC OpenAI says the new service, ChatGPT Gov, is meant to streamline the government's access to its models and it will give staffers the ability to better manage their own security and compliance as agencies handle sensitive data. "By making our products available to the U.S. government, we aim to ensure AI serves the national interest and the public good, aligned with democratic values, while empowering policymakers to responsibly integrate these capabilities to deliver better services to the American people," the company said in a statement unveiling the new tool. AI chip giant Nvidia ( NVDA) rose more than 2%, attempting to recover from a 17% plunge in the prior session as the buzz around Chinese startup DeepSeek raised questions of overvaluation and spending in much of the US artificial intelligence space.
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