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News@lemmy.world • 2 months ago

DeepSeek tech wipeout erases more than $1 trillion in market cap as AI panic grips Wall Street

markets.businessinsider.com

cross-posted to:
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DeepSeek tech wipeout erases more than $1 trillion in market cap as AI panic grips Wall Street

markets.businessinsider.com

@return2ozma@lemmy.world to

News@lemmy.world • 2 months ago

cross-posted to:
technology@lemmit.online

A tech sell-off on Monday saw more than $1 trillion in value erased over concerns over China's DeepSeek AI app.

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45•2 months ago
If a single tech firm can release one product and hit this “industry” that hard, it was always/already a bubble.

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