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Syed
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China's DeepSeek suggests AI can be done cheap. The fallout could be costly
Source: ABC News
The US was seen to have a major lead in the field of AI, and export bans in place were meant to keep it that way. China's new AI tool challenges those assumptions.
From market darling to the biggest value destructor in history
Investors in computer chip company Nvidia have seen nearly a trillion US dollars of value wiped out in a day — the worst-ever result for a single company in absolute terms.
In recent year… [6226 chars]
