The meteoric rise of DeepSeek AI in the tech realm has left US-based AI companies in a state of shock, their stocks spiraling out of control. Social media is abuzz with memes poking fun at American AI models, seemingly mocking their downfall to a cheaper, China-based chatbot. The new AI model from DeepSeek AI, which has taken on major competitors like ChatGPT, Gemini, and LLama, has sparked a massive AI frenzy, leading to a significant setback for US AI stocks on Wall Street. It’s as if even the most formidable ‘David’ can be overthrown by the sudden onslaught of a ‘Goliath’.