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Topic: Experts Urge Caution over Usage of Chinese AI DeepSeek

Let's take stock of what's occurred over the past 24 hours.


As the US stock market opened on Monday, Chinese-made artificial intelligence (AI) model DeepSeek stunned financiers and sank some tech stocks.


Chip-making huge Nvidia shed practically $600bn (₤ 482bn) of its market worth - the biggest one-day loss in US history.https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F5faaea99-d4af-4091-a03f-71f03e64c071_2905x3701.jpeg Other tech stocks such as Microsoft, Google-owner Alphabet and Dell Technologies likewise sank - albeit by smaller sized margins.


A day later on, it seems somewhat calmer.https://www.srimax.com/wp-content/uploads/2020/01/Importance-of-Artificial-Intelligence.jpeg Nvidia shares had a combined start as the US stock market opened, organization press reporter Nick Edser informs us.https://images.theconversation.com/files/603699/original/file-20240628-19-pk34ad.jpg?ixlib\u003drb-4.1.0\u0026rect\u003d17%2C579%2C5244%2C2617\u0026q\u003d45\u0026auto\u003dformat\u0026w\u003d1356\u0026h\u003d668\u0026fit\u003dcrop After flip-flopping slightly in the very first couple of minutes, its value recovered - standing 1.3% greater.


In Asia, the marketplaces in Taiwan, China and South Korea have closed for the Lunar New Year.https://www.willbhurd.com/wp-content/uploads/2023/01/DALL%C2%B7E-2024-01-07-08.01.49-An-eye-catching-and-informative-lead-image-for-a-blog-about-artificial-intelligence-for-beginners.-The-image-should-visually-represent-the-concept-of-.png But by the end of Tuesday's trading, Tokyo's Nikkei 225 index had actually dropped 1.39%, while Hong Kon's Hang Seng made a small 0.14% gain.
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