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How the buzz around Chinese AI model DeepSeek sparked a massive Nasdaq sell-off

Retrieved on: 2025-01-27 19:20:04

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How the buzz around Chinese AI model DeepSeek sparked a massive Nasdaq sell-off. View article details on hiswai:

Summary

The article outlines how DeepSeek, a startup founded by Liang Wenfeng, challenges major U.S. tech firms with its cost-effective large language model. Its R1 model disrupts Nvidia and OpenAI's market influence, epitomizing effective accelerationism in AI, gaining recognition from figures like Marc Andreessen and causing a U.S. market drop.

Article found on: www.cnbc.com

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