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New AI startup DeepSeek from China has shaken the tech world, claiming its AI models match or surpass leading U.S. models at a fraction of the cost.
This announcement triggered a significant sell-off in tech stocks, with Nvidia losing nearly $600 billion in market value. Experts are divided; some see DeepSeek’s approach as a game-changer for AI efficiency, while others question the sustainability of its methods under U.S. chip export restrictions.
Meanwhile, President Trump has called DeepSeek a ‘wake-up call’ for American tech, urging innovation over restriction. Stay tuned for updates on how this affects the global tech landscape.
