Is DeepSeek A Black Swan? China Announces Stimulus Bazooka! Americans Flock To Food Banks
Rebel Capitalist News
Intro
This chapter covers the fallout from a key development in the AI industry that has triggered a significant drop in the NASDAQ, raising alarms about the stability of the stock market. It highlights the rise of DeepSeek, a startup creating cost-effective AI models, and examines the financial impacts on major tech companies like NVIDIA amidst shifting investment perceptions.
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