China’s DeepSeek AI Shakes Up Big Tech as U.S. Markets Struggle
On Monday, U.S. stock markets faced a sharp decline, with the Nasdaq and the S&P 500 suffering heavy losses, as an unexpected challenger in the artificial intelligence (AI) space rattled the industry. The sudden rise of DeepSeek, a Chinese AI startup, has sent shockwaves through the tech world, particularly impacting companies that have been major…