Tag: Open-source R1 model Bitcoin decline

DeepSeek Disrupts Tech Stocks Amid Concerns Over U.S. AI Leadership
The global technology sector experienced a jolt on Monday as Chinese startup DeepSeek unveiled its latest AI model. This announcement raised alarms about the United States’ position in the tech landscape. Investors began to reevaluate the high valuations of major players like Nvidia, which has led the AI stock surge due to its advanced chips.