Puerto Vallarta News

Puerto Vallarta News

Chinese AI DeepSeek Disrupts Markets, Triggering Historic Losses for Nvidia and Tech Billionaires

The recent launch of China's low-cost artificial intelligence system, DeepSeek, has caused seismic shifts in global financial markets, leading to unprecedented losses for Nvidia and other major players in the technology sector. DeepSeek, hailed as a more accessible and affordable AI compared to offerings from Western tech giants, has sent shockwaves through the industry, wiping out billions in wealth and prompting a rethinking of AI development strategies.

Related Posts

puerto vallarta whale season

Puerto Vallarta whale watching is peaking right now

Puerto Vallarta whale watching is underway as humpbacks arrive to mate and calve. Learn what...
Mexico condemns Maduro capture

Mexico condemns Maduro capture and calls it illegal force

Mexico condemns Maduro capture after U.S. strikes in Venezuela, calling it illegal under the UN...
Gulf of California LNG

Gulf of California LNG faces fresh court injunctions

Gulf of California LNG lawsuits were accepted by federal courts, forcing agencies and the presidency...
Rosca baby tamales

You Found the Baby Now You Owe Everyone Tamales

Find the baby in the rosca and you “pay” later on Candelaria Day by bringing...