4min chapter

The Powers That Be: Daily cover image

Wall Street’s A.I. Meltdown & Musk’s Washington Makeover

The Powers That Be: Daily

CHAPTER

Intro

This chapter delves into the market turmoil caused by the launch of the AI startup DeepSeek, leading to a notable decline in tech stocks, especially NVIDIA. It further examines the implications of this event and contrasts the innovation-driven culture of Silicon Valley with the traditional mindset of the federal government, as influenced by Elon Musk.

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