An LLM from China crashing the US stock market?

Well not in a back door, espionage dodgy way, but it looks like the Chinese company DeepSeek has shocked the US AI market by producing an LLM called R1that's on par with ChatGPT but runs at a fraction of the cost of OpenAI, Google, Meta and other popular AI models - which has shocked the US markets.

Here's the CNN report on it - https://edition.cnn.com/2025/01/27/tech/deepseek-stocks-ai-china/index.html

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