🌍 Markets Tremble as China’s DeepSeek Enters the AI Arena 🚀
The global financial and crypto markets are reeling from the disruptive entry of DeepSeek, an AI powerhouse developed by the Chinese government. 🌐
With DeepSeek surpassing expectations and claiming the #1 spot on the Apple App Store, the ripple effects are undeniable:
🔻 Crypto Market: Down 6.49%, now valued at $3.37 trillion.
🔻 AI Coins: A sharp drop of 10.20%, highlighting investor concerns in the sector.
🔻 Stock Market: Nasdaq 100 Futures fell 330 points, while S&P 500 and Nasdaq are down 2% and 3%, respectively, in pre-market trading.
Investors are watching closely as DeepSeek competes head-to-head with top AI models like ChatGPT, GrokAI, and Gemini, sparking global discussions about its potential to shift power dynamics in the AI and tech landscape.