Europe’s AI hopes rebound after DeepSeek success

Politico Europe

Politico Europe

Summary

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Yet Trump’s showdown with Colombia was almost eclipsed a few hours later by a second major event that threw Silicon Valley’s giants and Wall Street into chaos.
The Telegraph India
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Chinese artificial intelligence upstart DeepSeek shocked many investors and rattled the U.S. stock market, which has relied on gains from AI for the past two years.
CNBC
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Shares of Nvidia, the poster child of the AI boom in recent years, dragged U.S. stocks lower, sinking 17 percent on Monday and wiping $593 billion from the chipmaker's market value, a record one-day loss for any company.
The Korea Times
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In January 2025, the company released its latest model, DeepSeek-R1, which has attracted significant attention for its advanced reasoning capabilities.
China Daily

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issue 88:88 ▪

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updated 88:88

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