Chinese startup DeepSeek’s launch of its latest AI models triggered a selloff in global tech stocks this week on concerns about rising AI costs in the US.
Recently, DeepSeek stated that its models match or surpass its main American rivals at a fraction of the cost, including Meta’s own Llama models, challenging the prevailing belief that scaling AI requires vast computing power and investment.
Stephen Miller told Zuckerberg that the billionaire mogul had “an opportunity to help reform America, but it would be on Trump’s terms.”
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Meta CEO Mark Zuckerberg and CFO Susan Li spoke of the benefits of DeepSeek's flagship AI model to its company in a leaked all-hands.
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