Regardless, the market believes that their breakthrough challenges the prevailing assumptions that have driven the AI trade. As a result, AI companies suffered their largest one-day drawdown since the release of ChatGPT on Monday. The first assumption challenged is that hyperscalers must spend billions on advanced AI chips. DeepSeek claims that their model used Nvidia’s H800 chips, which have more constrained memory bandwith to comply with U.S.

DeepSeek had a short-term bearish impact, but the market has been sorting out potential winners and losers and generated some rotation in the technology space. ... When priced for perfection or near perfection, a stock is more vulnerable to ...

The average stock is only down 15 basis points. Multi-asset investors can also welcome the rally in core fixed income. Another note on DeepSeek, there are still many unanswered questions to the validity of the model, the true cost to train it and its implications for U.S. tech firms. We expect the AI trend to continue to drive economic and market outcomes.

January 27, 2025 - US stocks dropped sharply Monday — and chipmaker Nvidia lost nearly $600 billion in market value — after a surprise advancement from a Chinese artificial intelligence company, DeepSeek, threatened the aura of invincibility surrounding ...

February 5, 2025 - These models perform on par with OpenAI’s o1 reasoning model and GPT-4o, respectively, at a minor fraction of the price. On January 27, the U.S. stock market and tech stocks took one of the biggest tumbles in history, with chipmaker Nvidia falling 18%, losing $589 billion in market value.

January 28, 2025 - Hundreds of billions of dollars were wiped off big technology stocks after the news of the DeepSeek chatbot’s performance spread widely over the weekend. The timing was significant as in recent days US tech companies had pledged hundreds of billions of dollars more for investment in AI – much of which will go into building the computing infrastructure and energy sources needed, it was widely thought, to reach the goal of artificial general intelligence.

A breakthrough from Chinese AI company DeepSeek sent shockwaves through equity markets in late January, wiping out nearly a trillion dollars in US technology value and causing Nvidia to lose close to $600bn in market cap, the largest single-day ...

January 29, 2025 - UVA Today chatted with Michael Albert, an AI and computing expert in the University of Virginia’s Darden School of Business. A. DeepSeek is a Chinese AI research lab, similar to OpenAI, founded by a Chinese hedge fund, High-Flyer. Unlike other commercial research labs, outside of maybe Meta, DeepSeek has primarily been open-sourcing its models. Unlike even Meta, it is truly open-sourcing them, allowing them to be used by anyone for commercial purposes.

January 27, 2025 - DeepSeek on Monday morning became the most downloaded free app on Apple's U.S. app store — ousting OpenAI's ChatGPT in the process. Shares of Nvidia, the chip company whose AI technology has made it into one of the world's most valuable companies, ...

February 11, 2025 - DeepSeek created a storm in global financial markets in January, slashing nearly USD 1 trillion of US tech sector market capitalization in a single day and forcing a dramatic rethink of AI valuations.

October 7, 2024 - People have been looking at their Opensource source code and AI experts I follow are convinced that DeepSeek is an excellent model on par with O1 in many areas. ... It was trained using O1, of course it's a slightly less good clone. ... I’m not saying it’s bad, what I’m saying is that it’s probably hardly so revolutionary, that it will lead to the demise of US stock market.

January 28, 2025 - A cheaper, competitive AI model from Chinese artificial intelligence company DeepSeek sparked a sell-off in the S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) on Monday as it challenged one of the key drivers of the current bull market.

The emergence of China-based AI startup DeepSeek triggers a trillion-dollar sell-off in U.S. and European technology stocks.

February 13, 2025 - As the world recovers from the biggest single-day loss in US stock market history, what insights can be drawn from Deepseek's debut about China’s AI capabilities and the sustainability of investment in tech stocks

February 1, 2025 - The stock was bolstered by DeepSeek on Monday when it dodged the AI sell-off and rose about 2%. Investors felt vindicated by the success of DeepSeek’s model, which—like Meta’s large language model, Llama—is open-source.