The news reveals an interesting phenomenon, the rise of China’s DeepSeek in the field of artificial intelligence seems to have overnight shattered the confidence of global investors in US tech giants. NVIDIA’s market value evaporated by nearly 600 billion in one night, which is no small figure. And the R1 model of DeepSeek, it is said, outperforms OpenAI’s o1-mini model in various benchmarks, which is a big blow to the US AI projects that have been investing huge sums of money. It seems that the competition in the AI field has entered a new era, an era that requires more refined management and innovation.
Read from: https://www.theguardian.com/business/2025/jan/27/tech-shares-asia-europe-fall-china-ai-deepseek