DeepSeek vs ChatGPT LIVE: Chinese AI Chatbot Buzz Puts Tech Stocks on Track for $1 Trillion Wipeout
Wall Street is in chaos as tech stocks plummet, with a staggering $1 trillion on the line. The cause? A revolutionary Chinese chatbot by DeepSeek that’s rewriting the AI playbook. Built on a shoestring budget of $6 million and avoiding advanced chips, DeepSeek has shocked the AI world with its cost-efficiency and performance, rivalling giants like ChatGPT and Gemini. But it comes with a catch — heavy censorship tied to China's political agenda. Is this AI's "Sputnik Moment"?
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