this post was submitted on 28 Jan 2025
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DeepSeek AI launch sees $1tn wiped off world’s biggest tech companies (www.independent.co.uk)
submitted 3 days ago by tonytins@pawb.social to c/technology@lemmy.world
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DeepSeek is an AI assistant which appears to have fared very well in tests against some more established AI models developed in the US, causing alarm in some areas over not just how advanced it is, but how quickly and cost effectively it was produced.

[...]

Individual companies from within the American stock markets have been even harder-hit by sell-offs in pre-market trading, with Microsoft down more than six per cent, Amazon more than five per cent lower and Nvidia down more than 12 per cent.

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[–] shoulderoforion@fedia.io 14 points 3 days ago (1 children)

Can't very well sue a Chinese company, else every industry China has ripped off starting with General Electric fucking Nuclear Power plant designs. Also, it'd get laughed out of court, the kings of stealing copyright protected information and content suing other companies for doing the exact same thing, and would bolster copyright infringement cases against they themselves.

[–] tonytins@pawb.social 13 points 3 days ago* (last edited 3 days ago)

Yeah. At this point, China is just following in the footsteps of American companies. While the criticism is more than deserved, we'd still need to address our own country's problems.