What is DeepSeek, and why is it causing Nvidia and other stocks to slump?
A Chinese artificial intelligence company called DeepSeek is grabbing America’s attention — and sending a shock wave through Wall Street — due to its new tech, which some experts say rivals that of OpenAI’s ChatGPT. DeepSeek is also catching investors off guard because of the low development costs for its AI app, which Wedbush Securities
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