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Low-cost China AI model shakes global markets
Credit: IndiaTimes- Published on January 28, 2025
Global markets experienced significant turmoil after Chinese AI startup DeepSeek released a new low-cost AI model, leading to substantial losses for tech giants like Nvidia. The sensex also dropped 824 points, affected by foreign fund selling and global concerns over DeepSeek's superior AI performance and its potential impact on...
Video credit: Oneindia
Published on January 28, 2025 - 03:30
Trump’s Big Warning About China’s DeepSeek AI| What Is It And Why Is It a Threat? | Details
Former U.S. President Donald Trump has issued a stark warning about China's breakthrough in artificial intelligence with the launch of DeepSeek's R1 chatbot. Describing it as a "wake-up call" for American tech firms, Trump highlighted DeepSeek's ability to rival AI giants like ChatGPT and Google’s Gemini at a fraction of the cost. The emergence of this powerful AI model has disrupted global markets, wiping $1 trillion from the U.S. tech index, including a historic $600 billion loss for Nvidia in a single day. As DeepSeek surpasses ChatGPT in downloads, the competition intensifies, raising concerns about America's dominance in the AI race. Industry leaders like OpenAI’s Sam Altman acknowledge the innovation but vow to accelerate their advancements. What does DeepSeek mean for the future of AI, and can the U.S. maintain its edge?
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