The AI Tool That Crashed the Stock Market: DeepSeek’s Sudden Impact

Exploring how DeepSeek, a powerful new AI model from China, caused market turmoil and how it compares to established AI platforms like ChatGPT.

DeepSeek made headlines recently, but not for reasons anyone expected. This new AI tool actually wiped a trillion dollars off the US stock market. Strangely enough, it took nearly a week for markets to react to DeepSeek’s launch, despite the platform going live on the 22nd.

According to its website, “DeepSeek-R1 is now live and open source, rivalin...