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Elon Musk not convinced with China's DeepSeek that rattled the US tech market. His one …

China's AI Advances Spook Big Tech Investors on Wall Street – The New York Times

U.S. Economy Skip to contentShare full article1.6k
Advances in artificial intelligence by Chinese upstarts rattled U.S. markets on Monday, with the threat of greater competition prompting a slide in shares of the biggest technology companies.
The Chinese A.I. company DeepSeek has said it can match the abilities of cutting-edge chatbots while using a fraction of the specialized computer chips that leading A.I. companies rely on. That’s prompted investors to rethink the heady valuations of […]
China's AI Advances Spook Big Tech Investors on Wall Street – The New York Times

'Sputnik moment': $1tn wiped off US stocks after Chinese firm unveils AI chatbot | DeepSeek

Trump calls emergence of DeepSeek a ‘wake-up call’ amid doubts about sustainability of western artificial intelligence boom
The race for domination in artificial intelligence was blown wide open on Monday after the launch of a Chinese chatbot wiped $1tn from the leading US tech index, with one investor calling it a “Sputnik moment” for the world’s AI superpowers.
Investors punished global tech stocks on Monday after the emergence of DeepSeek, a competitor to OpenAI and its ChatGPT […]
'Sputnik moment': $1tn wiped off US stocks after Chinese firm unveils AI chatbot | DeepSeek