DeepSeek’s AI Breakthroug Stuns US Tech Giants, Redefining the Cost of Innovation

The U.S. stock market lost $1 trillion in a single day after the launch of the Chinese AI platform DeepSeek, while Nvidia suffered the biggest one-day loss in share market history.   Michael J. Davern, The University of Melbourne, and Matt Pinnuck, The University of Melbourne Almost A$1 trillion (US$600 billion) was wiped off the … Continue reading DeepSeek’s AI Breakthroug Stuns US Tech Giants, Redefining the Cost of Innovation