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

Don’t Be 'That' Foreigner in Mexico

Don’t Be ‘That’ Foreigner in Mexico

A practical integration guide for expats in Mexico and how to build real community without...
Sheinbaum to visit San Miguel for Indigenous justice plan

Sheinbaum to visit San Miguel for Indigenous justice plan

Sheinbaum visits San Miguel de Allende Sunday at 11 a.m. to present a Plan de...
FIFA okays Uruguay World Cup base in Playa del Carmen

FIFA okays Uruguay World Cup base in Playa del Carmen

FIFA cleared Uruguay to use Fairmont Mayakoba in Playa del Carmen as its 2026 World...
Why January triggers food guilt and harsh dieting in Mexico

Why January triggers food guilt and harsh dieting in Mexico

After December’s long feast season, January’s “fresh start” pressure can turn food into a moral...