Tech drags global shares lower on China’s AI push; dollar dips

Tech drags global shares lower on China’s AI push; dollar dips

By Samuel Indyk and Kevin Buckland

LONDON (Reuters) -European and Asian shares slumped on Monday as investors weighed the implications of Chinese startup DeepSeek’s launch of a free open-source artificial intelligence model to rival OpenAI’s ChatGPT.

Meanwhile, the dollar dipped as broad U.S. import tariffs remained on the back burner, even as U.S. President Donald Trump threatened Colombia with levies to punish the country for earlier refusing to accept flights carrying deported…

Article Source
https://finance.yahoo.com/news/asia-equities-slide-us-stock-025901841.html

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