World’s Richest People Led By Jensen Huang Lose $108 Billion After DeepSeek Selloff
Tech-sector titans as a group saw $94 billion of wealth evaporate — roughly 85% of the Bloomberg index’s total decline.
Everyone is freaking out about Chinese AI startup DeepSeek. Are its claims too good to be true?
Several voices inside the AI sector suggest the mysterious lab’s reported accomplishments can’t be taken at face value.