Donald Trump has said the new Chinese artificial intelligence model DeepSeek should be considered a “wake-up call” for the U.S. tech industry after Nvidia saw almost $600 billion wiped off its market value.
The emergence of DeepSeek sent stocks in companies heavily invested in artificial intelligence into freefall. Nvidia, which dominates the market for GPUs upon which AI models run, was hit hardest when its shares tumbled 16.86% — the biggest loss in Wall Street history.
Microsoft, Meta…
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https://www.ign.com/articles/chinese-ai-deepseek-a-wake-up-call-for-us-tech-firms-donald-trump-says-after-nvidias-world-record-600-billion-loss