DeepSeek’s ‘Sputnik Moment’ Sparks Global Tech Sell-Off
China’s DeepSeek has launched a groundbreaking low-cost AI model, sparking a global sell-off in tech stocks as investors question Western dominance in the AI sector.
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China’s DeepSeek has launched a groundbreaking low-cost AI model, sparking a global sell-off in tech stocks as investors question Western dominance in the AI sector.
Investors are selling major tech stocks as China’s DeepSeek unveils a low-cost AI model, challenging Western dominance and shaking global markets.
Chinese e-commerce apps are gaining popularity overseas, with one becoming the most downloaded free app in the U.S. in 2023. What drives their success, and how do they impact the global market?