this post was submitted on 27 Jan 2025
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DeepSeek Buzz Puts Tech Shares on Track for $1 Trillion Drop (finance.yahoo.com)
submitted 1 year ago by OppaGundamStyle@discuss.tchncs.de to c/world@quokk.au
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Chinese artificial intelligence startup DeepSeek’s latest AI model sparked a $1 trillion rout in US and European technology stocks, as investors questioned bloated valuations for some of America’s biggest companies.

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[–] Fizz@lemmy.nz 4 points 1 year ago

Exactly. Anyone who still thinks China is not on the cutting edge is not paying attention. Even with all the restrictions they've been pushing crazy technical advancements the last 5 years.