China's DeepSeek fuels US stock market chaos: Tech stocks slump, NVIDIA plunges 17% - what we know so far

Credit: IndiaTimes- Published on January 27, 2025
Chinese AI startup DeepSeek has emerged as a strong competitor, causing a major sell-off in US tech stocks. Nvidia witnessed a dramatic 17.95% drop. DeepSeek’s R1 model, which matches US-developed AI systems at a lower cost, has raised investor concerns about the future of AI investments. Accusations of secret access to...

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? #DeepSeekAI #ChinaAI #peripheral #TrumpOnDeepSeek #DeepSeekR1 #AICompetition #ChinaTech #DeepSeekVsChatGPT #TrumpWakeUpCall #ChineseAIInnovation #DeepSeekNews #AIBreakthrough #GlobalAIRace #DeepSeekThreat #AIRevolution #USChinaTechRace ~PR.152~ED.102~HT.336~

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