Deepseek AI Success and Market Impact

Nvidia’s Historic Stock Market Loss Amid Deepseek’s AI Breakthrough

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On Monday, the stock market saw a historic loss when nearly $600 billion was wiped out from Nvidia’s market value. This marked the largest single-day loss in the history of the US stock market. The main reason for this dramatic drop was the unexpected success of the Chinese AI platform, Deepseek. Last week, Deepseek introduced … Read more

Deepseek AI Surpasses ChatGPT, Shakes Markets with Open Source Innovation and Chinese Censorship Concerns

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The Chinese AI company with the Wallogo is causing a stir in the markets. Just over two weeks after its release, the Deepseek app has replaced ChatGPT as the top-rated free AI application in the App Store. This success has significant impacts on the stock market, especially in the chip sector. The stock prices of … Read more

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