Global tech shares fall as China AI chatbot DeepSeek spooks investors
Chinese startup’s $6m product raises doubts about sustainability of western artificial intelligence boom Investors punished global tech stocks on Monday after the emergence of a Chinese chatbot competitor to OpenAI’s ChatGPT, DeepSeek, raised doubts about the sustainability of the US artificial intelligence boom. The tech-heavy Nasdaq index in New York opened lower after investors digested …
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