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
51 comments fedilink hide all child comments
 

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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[–] Hotspur@lemmy.ml 15 points 3 days ago (1 children)

Haha this is so amusing. I’ll take that though over the blind confidence you get out of so many other products I guess.

[–] catloaf@lemm.ee 12 points 3 days ago (2 children)

Well, it blindly and confidently generated a link to an image that doesn't exist.

[–] imaqtpie@sh.itjust.works 4 points 3 days ago (1 children)

Of course you're not one to leave a wizard cat image link unclicked. Well played sir

[–] catloaf@lemm.ee 3 points 3 days ago

I really just wanted to know where the leather came in.

[–] Hotspur@lemmy.ml 2 points 3 days ago

Haha ok I missed that part. It doesn’t do image gen does it? I think just released a different model that does that.