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Deepseek ai stocks: The Chinese AI startup's
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The Chinese AI startup's emergence has significantly impacted the stock market, particularly in the tech sector. Companies like Nvidia, Broadcom, Microsoft, and Alphabet saw sharp declines, with Nvidia losing $593 billion overnight. Here's the list of stocks affected by DeepSeek AI's rise. DeepSeek is a privately held Chinese company that developed a low-cost AI model called R1, which rivals ChatGPT. Learn how to invest in DeepSeek stock, its founder, its challenges, and its potential impact on Nvidia. DeepSeek is a Chinese artificial intelligence company based in Hangzhou, Zhejiang Province. Founded in 2023 by Liang Wenfeng, co-founder of the Chinese hedge fund High-Flyer, DeepSeek is solely funded by High-Flyer and focuses on developing open-source large language models (LLMs). US stocks dropped sharply Monday — and chipmaker Nvidia lost nearly $600 billion in market value — after a surprise advancement from a Chinese artificial intelligence company, DeepSeek ...
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