this post was submitted on 27 Jan 2025
48 points (90.0% liked)

World News

364 readers
613 users here now

Please help and contribute as we vote on rules:
https://quokk.au/post/21590

Other Great Communities:

Rules

Be excellent to each other

founded 9 months ago
MODERATORS
Deceptichum@quokk.au
Quokka@quokk.au
Grainne@lemmy.dbzer0.com
PhilipTheBucket@quokk.au
48
DeepSeek Buzz Puts Tech Shares on Track for $1 Trillion Drop (finance.yahoo.com)
submitted 5 months ago by OppaGundamStyle@discuss.tchncs.de to c/world@quokk.au
12 comments fedilink hide all child comments
 

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.

you are viewing a single comment's thread
view the rest of the comments
[–] Fizz@lemmy.nz 4 points 5 months ago

Exactly. Anyone who still thinks China is not on the cutting edge is not paying attention. Even with all the restrictions they've been pushing crazy technical advancements the last 5 years.