[arista]

Dumb Biden, months back
shouted USA Electronic Chips
would be made in America


[The race for domination in
artificial intelligence was blown wide open
on Monday after the launch of a
Chinese chatbot wiped $1tn from the
leading US tech index, with one
investor calling it a “Sputnik moment”
for the world’s AI superpowers.

Investors punished global tech stocks
on Monday after the emergence of DeepSeek,
a competitor to OpenAI and its
ChatGPT tool, shook faith in the
US artificial intelligence boom by
appearing to deliver the same
performance with fewer resources.

The tech-heavy Nasdaq composite index fell
just over 3% in afternoon trading
in New York, representing a loss of
approximately $1tn from its closing
value of $32.5tn last week,
as investors digested the implications
of the latest AI model developed
by DeepSeek.]

https://www.theguardian.com/business...na-ai-deepseek





DeepSeek uses fewer chips
that's why they are doing so well.

A shock for USA GPT Chat







[Chipmaker Nvidia, which benefitted
from the AI frenzy in 2024,
fell around 11 percent as markets opened,
wiping out $465 billion in market value.

Another US chipmaker, Broadcom,
also lost around 12 percent,
while software giant Oracle lost 8 percent
in early trading.

Microsoft slid 3.5 percent and Amazon
was down 0.24 percent in
the first hour of trading.
Google parent company Alphabet lost
about 3.5 percent and Facebook parent
Meta shed 2.5 percent.]

https://www.dailymail.co.uk/news/art...a-startup.html