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Is DeepSeek About To Pop Wall Street's AI Bubble?

Benzinga LogoBenzinga1d ago

Is DeepSeek About To Pop Wall Street's AI Bubble? - Benzinga

Quick Summary:

Since then, the index has rallied almost 27%, briefly breaking the 6,000 barrier off the back of a sweeping AI boom period triggered by the launch of ChatGPT. 

While weakness in the Chinese economy wasn't a decisive factor in Wall Street's recent outperformance, it did provide investors with the confidence that the United States was leading the race for AI dominance with few international contesters. 

With the US market still controlling 68% of the global venture capital funding in artificial intelligence companies, and Silicon Valley accounting for around half of that figure, it's clear that there's reason behind investor confidence in domestic AI leaders, but DeepSeek has served as an inconvenient reminder that other nations are working on their own cutting-edge models. 

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Article Details

Author / Journalist: Dmytro Spilka

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-05 @ 14:26:21 (1 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 1186 words

Reading Time: 7 minutes read

Sentences: 45 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 26680253

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 21 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #53

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