DeepSeek Deep Sixes Western Big Tech
16-02-2025: Shockwaves were sent through Western Big Tech firms on January 27 when Nvidia saw its value drop by $600 billion, the largest single-day fall in US stock market history. The reason was the emergence of DeepSeek and its R1 AI (Artificial Intelligence) chatbot, which was developed for a paltry $6 million in comparison to the $30 billion Nvidia spent developing specialised chips for AI … Continue reading DeepSeek Deep Sixes Western Big Tech
