The rise of the Chinese AI platform 'Deepseek' has sent shockwaves through the global tech stock market, reportedly wiping out as much as $2 trillion in value.
The rise of the Chinese AI platform 'Deepseek' has sent shockwaves through the global tech stock market, reportedly wiping out as much as $2 trillion in value.
With its cutting-edge data processing and predictive modeling capabilities, Deepseek has raised concerns about its ability to outpace established U.S. tech giants, shaking investor confidence. Big names like NVIDIA, Alphabet, and Microsoft have felt the impact, with their shares dropping between 5-8% following this shakeup.
Experts point out that Deepseek's rapid advancements are heating up the global AI race, prompting investors to reconsider whether traditional leaders in the tech sector can maintain their dominance.
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