Chinese AI Startup DeepSeek Disrupts Market, Sending U.S. Tech Stocks into Freefall

DeepSeek, a Chinese AI startup, has launched its cost-effective R1 model, which has rapidly gained popularity and outperformed competitors like ChatGPT. The advancement has caused a significant drop in U.S. tech stocks, with Nvidia seeing an 11% decline as investors worry about DeepSeek's potential to disrupt the AI industry and challenge the dominance of American companies.

Chinese AI Startup DeepSeek Disrupts Market, Sending U.S. Tech Stocks into Freefall

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Chinese AI Startup DeepSeek Disrupts Market, Sending U.S. Tech Stocks into Freefall

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