Progressive Politics

1488 readers

761 users here now

Welcome to Progressive Politics! A place for news updates and political discussion from a left perspective. Conservatives and centrists are welcome just try and keep it civil :)

(Sidebar still a work in progress post recommendations if you have them such as reading lists)

founded 2 years ago

MODERATORS

TokenBoomer

How the buzz around Chinese AI model DeepSeek sparked a massive Nasdaq sell-off (www.cnbc.com)

submitted 1 week ago by TokenBoomer to c/progressivepolitics

2 comments fedilink hide all child comments

Chinese AI startup DeepSeek sparked a rout in U.S. technology stocks as its highly competitive and potentially much cheaper models stoked doubts about the billions that the big U.S. tech companies are spending on AI.

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

[–] [email protected] 3 points 1 week ago

AI is the new crypto, it doesn't have to make sense why innovations are crashing the market