Technology | The Guardian
Global tech shares fall as China AI chatbot DeepSeek spooks investors
Chinese startup’s $6m product raises doubts about sustainability of western artificial intelligence boom
Investors punished global tech stocks on Monday after the emergence of a Chinese chatbot competitor to OpenAI’s ChatGPT, DeepSeek, raised doubts about the sustainability of the US artificial intelligence boom.
The tech-heavy Nasdaq index in New York opened lower after investors digested the implications of the latest AI model developed by the startup DeepSeek.
Continue reading...
Global tech shares fall as China AI chatbot DeepSeek spooks investors
Chinese startup’s $6m product raises doubts about sustainability of western artificial intelligence boom
Investors punished global tech stocks on Monday after the emergence of a Chinese chatbot competitor to OpenAI’s ChatGPT, DeepSeek, raised doubts about the sustainability of the US artificial intelligence boom.
The tech-heavy Nasdaq index in New York opened lower after investors digested the implications of the latest AI model developed by the startup DeepSeek.
Continue reading...