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Low-cost China AI model shakes global markets

IndiaTimes Tuesday, 28 January 2025 ()
Global markets experienced significant turmoil after Chinese AI startup DeepSeek released a new low-cost AI model, leading to substantial losses for tech giants like Nvidia. The sensex also dropped 824 points, affected by foreign fund selling and global concerns over DeepSeek's superior AI performance and its potential impact on high-cost AI-chip manufacturers.
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News video: Trump’s Big Warning About China’s DeepSeek AI| What Is It And Why Is It a Threat? | Details

Trump’s Big Warning About China’s DeepSeek AI| What Is It And Why Is It a Threat? | Details 03:30

Former U.S. President Donald Trump has issued a stark warning about China's breakthrough in artificial intelligence with the launch of DeepSeek's R1 chatbot. Describing it as a "wake-up call" for American tech firms, Trump highlighted DeepSeek's ability to rival AI giants like ChatGPT and Google’s...

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