DeepSeek's AI Model Sparks Market Turmoil as Nvidia Shares Plunge 📉
Chinese AI firm DeepSeek's innovative, low-cost model causes a major shakeup in the tech industry, leading to a sharp decline in Nvidia's stock prices. Discover the details behind this disruptive development.
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The emergence of Chinese artificial intelligence firm DeepSeek rocked US tech giants’ stocks on Monday night amid concerns that the new low-cost AI model would upend their dominance. Tech shares plunged and chip maker Nvidia suffered falls of nearly 17% on Monday, as President Donald Trump warned DeepSeek’s emergence was a “wake up call” for existing AI giants. #DeepSeek #Nividia
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Published
Jan 28, 2025
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