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DeepSeek Buzz Puts Tech Shares on Track for $1 Trillion Drop (finance.yahoo.com)
submitted 1 week ago by OppaGundamStyle@discuss.tchncs.de to c/world@quokk.au
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Chinese artificial intelligence startup DeepSeek’s latest AI model sparked a $1 trillion rout in US and European technology stocks, as investors questioned bloated valuations for some of America’s biggest companies.

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[-] jacksilver@lemmy.world 2 points 1 week ago

Everything I've seen from looking into it seems to imply it's on par for training and performance as other (LLM only) models.

I feel like I'm missing something here or that the market is "correcting" for other reasons.

[-] OppaGundamStyle@discuss.tchncs.de 1 points 1 week ago

The market is correcting because the AI bubble is gonna pop and someone needs to be left holding the bag.

this post was submitted on 27 Jan 2025
49 points (91.5% liked)

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