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The article discusses the impact of China's DeepSeek announcing its R1 large language model, which cost only $6 million to build, causing a decline in big AI tech stocks.
February 23, 2025 | 2:45 pm
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NBIS, a big AI tech stock, is likely affected by DeepSeek's announcement of its cost-effective R1 LLM, which has led to a decline in similar stocks.
DeepSeek's announcement of a cost-effective AI model has caused a decline in big AI tech stocks. As NBIS is a major player in this sector, it is likely to experience short-term negative impact.
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