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

Protest blockade brings Puerto Vallarta traffic to a halt

Protesters blocked Francisco Medina Ascencio Blvd, paralyzing routes north of Puerto Vallarta as families demand...
Vallarta Nayarit Gastronómica 2025

Vallarta-Nayarit Gastronómica Hits New High, Sets 2026 Dates

Over 16,000 attendees flocked to Vallarta-Nayarit Gastronómica in 2025; now organizers are planning an even...
Night fire destroys La Palapita on Cancún’s Kabah Avenue

Night fire destroys La Palapita on Cancún’s Kabah Avenue

A pre-dawn fire tore through La Palapita on Cancún’s Kabah Avenue, causing heavy damage. Authorities...
San Miguel de Allende bus fares rise with new rules

San Miguel de Allende bus fares rise with new rules

San Miguel de Allende raised urban and suburban bus fares after the state gazette notice,...