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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[–] quarrk@hexbear.net 15 points 3 days ago* (last edited 3 days ago) (2 children)

Nvidias stock was $13 only four years ago, and until a few days ago it was 10 times that? Jesus Christ.

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[–] vegeta1@hexbear.net 12 points 3 days ago

Yo they gonna weekend at Bernie's this shit like they did crypto when the jig was up and then years later crypto went higher than ever? How many do you think they can keep up

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