The launch of DeepSeek R1, an open-source AI language model, has shaken the U.S. stock market, triggering a significant selloff on Monday. Nvidia led the decline, with the ripple effect slashing the fortunes of several billionaires. Venture capitalist Nic Carter took to X to highlight how the launch of the Chinese-developed AI model has shattered the belief that China would be limited to...
source: https://news.shib.io/2025/01/28/deepseeks-6m-ai-disrupts-silicon-valley-erases-2t-in-us-stocks/?utm_source=rss&utm_medium=rss&utm_campaign=deepseeks-6m-ai-disrupts-silicon-valley-erases-2t-in-us-stocks