{"id":900261,"date":"2025-01-28T07:32:34","date_gmt":"2025-01-28T02:02:34","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=900261"},"modified":"2025-01-28T07:35:04","modified_gmt":"2025-01-28T02:05:04","slug":"deepseek-sparks-ai-stock-selloff-nvidia-loses-record-593-bn-in-mcap","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/01\/28\/deepseek-sparks-ai-stock-selloff-nvidia-loses-record-593-bn-in-mcap\/","title":{"rendered":"DeepSeek sparks AI stock selloff; Nvidia loses record $593 bn in mcap"},"content":{"rendered":"<p>Global investors dumped tech stocks on Monday as they worried that the emergence of a low-cost Chinese artificial intelligence model would threaten the dominance of AI leaders like Nvidia, evaporating $593 billion of the chipmaker&#8217;s market value, a record one-day loss for any company on Wall Street. <\/p>\n<p>Last week, Chinese startup DeepSeek launched a free AI assistant that it says uses less data at a fraction of the cost of incumbent services. By Monday, the assistant had overtaken US rival ChatGPT in downloads from Apple&#8217;s app store.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global investors dumped tech stocks on Monday as they worried that the emergence of a low-cost Chinese artificial intelligence model would threaten the dominance of AI leaders like Nvidia, evaporating $593 billion of the chipmaker&#8217;s market value, a record one-day loss for any company on Wall Street. Last week, Chinese startup DeepSeek launched a free AI assistant that it says uses less data at a fraction of the cost of incumbent services. By Monday, the assistant had overtaken US rival ChatGPT in downloads from Apple&#8217;s app store.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-900261","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/900261","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=900261"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/900261\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=900261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=900261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=900261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}