RoryN
You're screwed.
- Joined
- Apr 8, 2003
- Posts
- 60,097
Brilliantly played, China.
In one swift move, the U.S. no longer leads the A.I. race and China makes the proposed investment look mega-inflated. No doubt this timing was deliberate.
DeepSeek's 'Sputnik moment' sparks rout in AI-linked stocks
LONDON/SINGAPORE (Reuters) -Investors hammered technology stocks on Monday, sending the likes of Nvidia and Oracle plummeting, as the emergence of a low-cost Chinese artificial intelligence model cast doubts on dominance of U.S. companies in this sector.
Startup DeepSeek last week launched a free assistant it says uses less data at a fraction of the cost of incumbent players' models, possibly marking a turning point in the level of investment needed for AI.
https://www.aol.com/chinas-deepseek-sets-off-ai-071458525.html
In one swift move, the U.S. no longer leads the A.I. race and China makes the proposed investment look mega-inflated. No doubt this timing was deliberate.

DeepSeek's 'Sputnik moment' sparks rout in AI-linked stocks
LONDON/SINGAPORE (Reuters) -Investors hammered technology stocks on Monday, sending the likes of Nvidia and Oracle plummeting, as the emergence of a low-cost Chinese artificial intelligence model cast doubts on dominance of U.S. companies in this sector.
Startup DeepSeek last week launched a free assistant it says uses less data at a fraction of the cost of incumbent players' models, possibly marking a turning point in the level of investment needed for AI.
https://www.aol.com/chinas-deepseek-sets-off-ai-071458525.html