This one app crashed the US stock market by $1,000,000,000,000 in a single day.
(Yes, this actually happened.)
China just shook up the AI world overnight!
China’s Deepseek AI has done something unbelievable.
Deepseek, a Chinese startup, just launched Deepseek V3 – an AI model that’s sending shockwaves through Silicon Valley.
Here’s why this is HUGE:
⚡️ Cost Disruption: OpenAI spent over $100M training GPT, while Deepseek built a competitive AI in just $5.6M – and in only 55 days.
⚡️ Market Impact: The model’s launch surpassed ChatGPT in App Store rankings and triggered a $593B drop in Nvidia’s market cap.
⚡️ US Tech Hype? If China can build an AI powerhouse at a fraction of the cost, was the “AI needs billions” narrative just a myth?
Remember when Sam Altman visited India and said OpenAI-like models would be impossible for India due to cost?
If China did it, can India be next?