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China's Deep Seek Launches Cutting-Edge AI Model: A Temporary Disruption or a Long-Term Shift?
In a groundbreaking development, a Chinese artificial intelligence company, Deep Seek, has unveiled an AI model that rivals the capabilities of leading US-based AI firms but at a fraction of the cost—just 10% of the typical expense. This technological leap has sent ripples through the financial markets, wiping out roughly one trillion dollars from several major stock indices. However, while the headlines buzz with excitement and concern, analysts suggest this may be more of a temporary shock than a fundamental change in the AI landscape.