Morning Brew Daily DeepSeek Craze Tanks Tech Stocks & New Look Starbucks is Here
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Jan 28, 2025 The tech world faces shockwaves as DeepSeek's AI model challenges giants like NVIDIA, causing a massive stock plunge. Starbucks is revamping its brand with nostalgic touches to revive customer interest. Tax season arrives with fresh regulations, emphasizing the perks of early filing. Meanwhile, urban habits shift towards faster walking and less talking, raising concerns about community connections. Discussions also delve into the importance of walkable spaces and labor movements spurred by evolving workplace dynamics.
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Vanderbilt's Court-Storming Costs
- Vanderbilt University incurred hefty fines for repeated court-storming incidents.
- These fines, totaling nearly $1 million, were imposed by the SEC after victories against top-ranked teams.
DeepSeek's Market Impact
- DeepSeek's cheaper AI model shook the market, causing a $1 trillion loss in US AI companies.
- NVIDIA's 18% drop marked the biggest single-day loss in US stock history.
DeepSeek's Cost Breakthrough
- DeepSeek's low-cost model questions the high spending on AI development by US companies.
- This cost breakthrough disrupts the industry by allowing more competitors into the AI field.