DeepSeek emerges as major threat to US AI giants, challenging Nvidia and OpenAI – Investing Abroad News
DeepSeek, a Chinese AI startup, has suddenly emerged as a threat to the dominance the US tech and AI industry enjoyed over the last few years. Global investors and analysts predict DeepSeek could have a significant impact on the fortunes of US tech stocks and thereby, the global markets.
In particular, DeepSeek challenges major American companies like Nvidia, OpenAI, Google, and Meta, all of which have dominated the AI space for years.
The ‘black swan event’ is an unpredictable and significant global event that, in hindsight, appears almost inevitable. Some analysts predict DeepSeek’s rapid rise as a potential black swan event for the worldwide stock market, causing significant disruption to US tech stocks.
Last week,…
