Chinese DeepSeek Buzz Puts Western Tech Companies on Track for $1 Trillion Wipeout
Chinese DeepSeek Buzz Puts Western Tech Companies on Track for $1 Trillion Wipeout
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www.bloomberg.com DeepSeek Buzz Puts Tech Shares on Track for $1 Trillion Drop
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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The original was posted on /r/worldnews by /u/s1n0d3utscht3k on 2025-01-27 10:34:52+00:00.