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Palantir CEO says China's DeepSeek shows that U.S. needs 'all-country effort' in AI

  • DeepSeek, a Chinese startup, released an AI model that outperformed major competitors while being cheaper to train, causing significant market reactions.
  • The launch of DeepSeek led to a $1 trillion loss in valuations for U.S. tech firms, including a $589 billion drop for Nvidia, marking a historic market loss.
  • Experts noted that DeepSeek's approach challenges the belief that larger models are better, suggesting more efficient methods could benefit global AI development.
  • The U.S. Stock market quickly recovered most losses after DeepSeek's launch, driven by strong earnings reports and a supportive Federal Reserve stance.
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