DeepSeek's 'Sputnik moment' prompts investors to sell big AI players
Voice of America
Deepseek logo and the Chinese flag are seen in this illustration produced Jan. 27, 2025.
Investors hammered technology stocks on Monday, sending the likes of Nvidia and Oracle plummeting, as the emergence of a low-cost Chinese artificial intelligence model cast doubts on Western companies' dominance in this sector.
FILE - South Vietnamese forces follow children, including 9-year-old Kim Phuc, center, as they run down Route 1 near Trang Bang after an aerial napalm attack on suspected Viet Cong hiding places, June 8, 1972. FILE - Pulitzer Prize-winning photographer Nick Ut, center, flanked by Kim Phuc, left, holds his Pulitzer Prize winning photo, as they wait to meet with Pope Francis during the weekly general audience in St. Peter's Square at The Vatican, May 11, 2022.
Police and forensic officials outside Bollywood actor Saif Ali Khan's residential building after he was operated for stab injuries following a scuffle with an intruder at his home in Mumbai, Jan. 16, 2025. FILE - Bollywood actor Saif Ali Khan arrives for a promotional event of his upcoming Hindi-language neo-noir film "Vikram Vedha" in Mumbai, Sept. 7, 2022.