Jan 27, 2025
Investors see DeepSeek as a serious threat to Big Tech stocks
This story incorporates reporting fromThe Daily Telegraph, Seeking Alpha and Bloomberg on MSN.com.The emergence of China’s DeepSeek has caused notable disruption in the U.S. stock markets. DeepSeek, a start-up based in Hangzhou, recently unveiled a new artificial intelligence chatbot. This development sent shockwaves through technology sectors, leading to a steep drop in U.S. stock indices. The tech-heavy Nasdaq Composite index, in particular, experienced a significant decline, plummeting by 3.6