Chinese AI Startup Disrupts Silicon Valley with Nvidia Threat
A Chinese AI Startup Shakes Up the Tech Industry A recent entry into the market by DeepSeek, a Chinese AI startup, has sent shockwaves through Silicon Valley and Wall Street, triggering a $1 trillion sell-off in tech stocks. The impact on Nvidia was particularly significant, with a $600 billion loss.
Chinese AI DeepSeek Sparks Market Fears
US stocks dropped sharply Monday morning after a surprise advancement from a Chinese artificial intelligence company, DeepSeek, threatened the aura of invincibility surrounding America’s technology industry. DeepSeek, a one-year-old startup, revealed a stunning capability: It presented a ChatGPT-like AI model called R1, which has all the familiar abilities, operating at
Chinese Firm Defies US Sanctions with AI Breakthrough
Tech giants like Alibaba and ByteDance, as well as a handful of startups with deep-pocketed investors, dominate the Chinese AI space, making it challenging for small or medium-sized enterprises to compete. A company like DeepSeek, which has no plans to raise funds, is rare. Zihan Wang, the former DeepSeek employee,