From $600B Nvidia Crash to AI Rivalry: How China’s DeepSeek Shook the USA
China’s announcement of its DeepSeek-R1 AI model shocked both Silicon Valley and Wall Street half a year ago. The AI app soared to the top of Apple Inc.’s App Store in China as “ChatGPT, OpenAI’s Coding Assistant” and faced off against an English version of ChatGPT, whose development cost only a fraction (5.6 million dollars) … Read more