DeepSeek Panic Live Updates: Trump Calls AI Development ‘Positive’ Despite Tech Stock Plunge

DeepSeek Panic Live Updates: Trump Calls AI Development ‘Positive’ Despite Tech Stock Plunge

Topline

The release of a less capital-intensive artificial intelligence model from China’s DeepSeek sent a chill through the U.S. stock market Monday, initiating a massive selloff led by Nvidia and hitting billionaires where it hurts—their…

Article Source
https://www.forbes.com/sites/dereksaul/2025/01/27/deepseek-panic-live-updates-trump-calls-ai-development-positive-despite-tech-stock-plunge/