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News@lemmy.world · 5 months ago

DeepSeek tech wipeout erases more than $1 trillion in market cap as AI panic grips Wall Street

markets.businessinsider.com

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DeepSeek tech wipeout erases more than $1 trillion in market cap as AI panic grips Wall Street

markets.businessinsider.com

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News@lemmy.world · 5 months ago

A tech sell-off on Monday saw more than $1 trillion in value erased over concerns over China's DeepSeek AI app.

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Eldritch@lemmy.world
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5 months ago
AI is just a tool. Then again so are the capitalist Tech Bros and Xi jinping’s capitalist oligarch pack. I can’t think of a better use of AI than them all tearing each other apart.

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