The announcement of DeepSeek R1 triggered a major downturn in U.S. tech stocks, with Nvidia (-15.81%), Broadcom (-9.57%) and Oracle (-7.37%) suffering sharp declines. Investors fear that DeepSeek’s ...
Euphoria in Silicon Valley turned to panic this week after a Chinese-based startup called DeepSeek released a new large language model (LLM). It’s very good. And it’s very cheap. Not only did DeepSeek ...