BRUCEB NEWS
DeepSeek And The Business Of AI
AI is in the news lately. Oh, you noticed? There’s been so much AI news that at times it has almost cut through the political chaos. There was the day last week when US stocks lost more than $1 trillion dollars in market cap because of a newish Chinese AI named DeepSeek. I’ll tell you more about DeepSeek below. Nvidia alone lost almost $600 billion in market cap, the largest loss in value in one day of any company ever in the history of money. Or maybe you saw Trump’s inauguration day announcement of Stargate, which might or might not involve $500 billion of private investment in AI...