Bitcoin tumbles amid broader market jitters over Chinese AI app DeepSeek
Bitcoin fell 7% on Monday alongside a general slide among tech stocks including Nvidia, as China’s new artificial intelligence model sent shock waves through Silicon Valley. The original cryptocurrency dipped from $105,
Bitcoin Follows Tech Stocks Lower as New AI App Rattles Markets
Bitcoin and other cryptocurrencies tumbled as the emergence of a new Chinese artificial intelligence model triggered a global selloff in riskier assets.
DeepSeek Shakes Market: Bitcoin, Altcoins, and AI Coins Plunge Amid AI Startup Surge
The crypto market saw a huge plunge in the early hours of Monday’s trading session, causing declining prices for Bitcoin (BTC), altcoins, and AI coins. The market decline comes after China’s Artificial Intelligence (AI) startup DeepSeek released low-cost AI models, rivaling GPT-4 and Claude.
Bitcoin falls along with tech stocks, due to AI startup DeepSeek. Here’s why.
Bitcoin on Monday fell below its $100,000 milestone for the first time in a week, as Chinese startup DeepSeek raised prospect of cheaper artificial intelligence models, sparking a tech selloff and weighing on broader investor sentiment.
Why Chinese AI company DeepSeek is spooking investors on U.S. tech
U.S. tech stocks, including Nvidia, Oracle and Google, plummeted Monday after Chinese startup DeepSeek said it created an AI system that can compete against chatbots such as OpenAI's ChatGPT at much lower costs.
Tech stocks fall as China's DeepSeek sparks U.S. worries about the AI race
DeepSeek released an open-source artificial intelligence model in December, saying it took only two months and less than $6 million to create it.
DeepSeek's AI rattles tech stocks
CNBC's Deirdre Bosa joins 'Fast Money' to talk the Ai shakeup brought on by DeepSeek AI. During the defense of Leningrad a well laid trap resulted in a spectacular victory with just 1 tank taking out 22 German Tanks and 2 Anti-tank guns.
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Bitcoin, Ethereum, Solana Crash — Here's Why China's Low-Cost AI Model DeepSeek May Be To Blame
Chinese AI startup DeepSeek's $6 million AI model has rattled global global markets, with experts warning it signals a major ...