this post was submitted on 27 Jan 2025
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chapotraphouse

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2 Trillion dollars in U.S. Stock market cap erased in a day by DeepSeek, which was released only a day after the US announced a 500 billion dollar investment in AI.

DeepSeek only invested 5.6 million dollars in computing power.

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[–] CoolerOpposide@hexbear.net 78 points 3 days ago (2 children)

Hey egg baskets are also becoming quite valuable right now as bird flu runs rampant through US livestock so they might be onto something

[–] underisk@hexbear.net 37 points 3 days ago

The free market has graciously decided that your eggs are now worth more than Open AI.

[–] da_gay_pussy_eatah@hexbear.net 30 points 3 days ago (1 children)

The basket has contracted bird flu.

[–] CoolerOpposide@hexbear.net 23 points 3 days ago

I’ll just invest in oil instead! Foolproof