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submitted 4 months ago* (last edited 4 months ago) by [email protected] to c/[email protected]

2 Trillion dollars in U.S. Stock market cap erased in a day by DeepSeek, which was released only a day after the US announced a 500 billion dollar investment in AI.

DeepSeek only invested 5.6 million dollars in computing power.

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[-] [email protected] 15 points 4 months ago* (last edited 4 months ago)

Nvidias stock was $13 only four years ago, and until a few days ago it was 10 times that? Jesus Christ.

[-] [email protected] 19 points 4 months ago

this was published when Nvidia was already 8% down in after hours trading

[-] [email protected] 12 points 4 months ago

Thanks, I just noticed I wrote 4x when I meant 10x. And lol “screaming” is an interesting, and inevitably accurate, word choice

this post was submitted on 27 Jan 2025
279 points (100.0% liked)

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