drmonalidesai on Nostr: Tech selloff deepens as DeepSeek upsets global AI race. Investors have dumped tech ...

Tech selloff deepens as DeepSeek upsets global AI race. Investors have dumped tech stocks everywhere, with ripples felt from Tokyo to Amsterdam to Silicon Valley. DeepSeek bursting onto the AI scene, seemingly out of nowhere, has upended the industry's perception that China was years behind its bigger U.S. rivals.

https://www.reuters.com/technology/tech-stock-selloff-deepens-deepseek-triggers-ai-rethink-2025-01-28/