Chinese AI Startup DeepSeek Shocks Wall Street, Nvidia and Other Tech Stocks Slump
Chinese AI Startup DeepSeek Shocks Wall Street, Nvidia and Other Tech Stocks Slump
DeepSeek**, a Chinese artificial intelligence company, is causing a stir in the US stock market. With a $6 million investment in AI app development, DeepSeek's tech rivals that of OpenAI's ChatGPT, leaving experts questioning the demand for Nvidia's chips and the overvaluation of tech stocks. This surprise leaves major U.S. companies reevaluating their AI investments, and the market reeling. Get the inside scoop on DeepSeek and its impact on the tech industry.