Part 2/12:
DeepSeek's model was unveiled through a white paper published in December, and its release spurred intense scrutiny once it hit the market. On Monday, following the model's announcement, there was a significant dip in stock prices for major technology firms, particularly Nvidia, which dropped by 17%, equating to a staggering $600 billion loss in market capitalization—more than the entire market cap of ExxonMobil at its peak.