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.

you are viewing a single comment's thread
view the rest of the comments

[–] CoolerOpposide@hexbear.net 66 points 3 days ago (2 children)

Earlier today it was facing a cyberattack lmao so they tried it

[–] buh@hexbear.net 59 points 3 days ago

The great firewall paying off xigma-male

[–] IceWallowCum@hexbear.net 24 points 3 days ago (1 children)

Is that why it was down?

[–] CoolerOpposide@hexbear.net 49 points 3 days ago* (last edited 3 days ago) (1 children)

Yes. Nvidia alone is down 17% and has lost $560 billion in market value

Oh wait I thought you were responding to the post in general asking about Nvidia. Yes, for some people that is why DeepSeek was down! my bad

[–] Sulvor@hexbear.net 45 points 3 days ago (1 children)

Biggest market loss in history

[–] CoolerOpposide@hexbear.net 42 points 3 days ago

so-far