Tech stocks fall sharply as China’s DeepSeek sows doubts about AI spending

Posted by Curious-Passage9714

5 Comments

  1. mad_cheese_hattwe on

    There has been a crazy amount of money being thrown at AI, considering I’m yet to see a real and demonstrable use of it adding value in a business.

  2. throwaway_veneto on

    Some of the stocks crashing may make sense but I’m puzzled by nvidia.

    An open source model this strong means more companies will start deploying it so the demand for gpus should go up?

    On the other hand deepseek is using huawei ascend hw for inference (iirc) (odd how anyone in America thinks huawei is dead ) and they are working with amd too so there may be 2 new competitors to nvidia.

  3. Nooo! Quick, pivot back to…uhhh, blockhain! No, uhh…Metaverse! No, hang on, self driving cars! No, wait, maybe Google Glass!

    Tech valuations are justified only by endlessly selling people tickets to the moon.

Leave A Reply