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

peso today

Mexican peso holds steady as inflation ticks higher

The peso closed near 17.48 per dollar, steady under 17.50, as hotter Mexico inflation and...
Cabo San Lucas water

Puerto Vallarta water outage will hit 40 neighborhoods Friday

CFE maintenance will cut power, limiting water in 40 Puerto Vallarta neighborhoods from 1 p.m....
Playa del Carmen pivots to conscious sustainable tourism

Playa del Carmen pivots to conscious sustainable tourism

Tourism chief Estefanía Hernández says Playa del Carmen is pivoting to sustainability, inclusion and local...
San Miguel de Allende marks Ignacio Allende birthday

San Miguel de Allende marks Ignacio Allende birthday

A civic-military ceremony, procession to Casa de Allende, and downtown parade marked Ignacio Allende’s birthday...