In fact, this is a shortsighted view that misses the significant benefits that DeepSeek represents for the U.S. economy and for businesses worldwide. What’s exciting is that the

DeepSeek’s more efficient approach challenges the conventional wisdom that bigger and more expensive necessarily means better in AI development. The Chinese AI lab DeepSeek recently made waves by releasing their DeepSeek-R1 model as open-source software.

By Sinéad Carew, Amanda Cooper, Ankur Banerjee NEW YORK/LONDON/SINGAPORE (Reuters) -Global investors dumped tech stocks on Monday as they worried that the emergence of a low-cost Chinese artificial intelligence model would threaten the dominance of AI leaders like Nvidia,