drmonalidesai on Nostr: Will Alibaba’s new AI model QwQ-32B drop the S&P 500 further? The new model ...

Will Alibaba’s new AI model QwQ-32B drop the S&P 500 further? The new model highlights China’s ability to create functional LLMs at a lower cost than leading American companies. 🇺🇸Foreign players in the AI race also pose a threat to the U.S. chip market including chipmaking leaders like Nvidia. The nearly $600 billion loss in Nvidia’s market value in one single day over DeepSeek’s launch is a reflection of those sentiments.

https://americanbazaaronline.com/2025/03/07/is-alibabas-new-ai-model-about-to-create-a-third-deepseek-moment-460485/