DeepSeek AI has rocked the global tech sector, shattering the market cap of highly overvalued US AI giants that led the year-long market rally in 2024. However, the Chinese AI Model is also stirring up excitement in the cryptocurrency community as it recently predicted that Ripple XRP prices will hit £24 in 2025. Furthermore, a … Read more
Palmer Luckey, the 32-year-old American tech entrepreneur, has cast doubt on the bold claims made by Chinese AI startup DeepSeek, and also accused the US media of blindly reporting the company’s statements without doing much research. In an exclusive interview on FOX Business‘ The Claman Countdown on 28th January, Palmer Luckey questioned reports suggesting that … Read more
Australian stocks linked to artificial intelligence (AI) fell sharply on Tuesday amid growing concerns that a new, low-cost AI model from Chinese startup DeepSeek could challenge the dominance of established market leaders. Shares of AI-focused companies like Appen, a software firm, and Brainchip, an AI chipmaker, saw significant drops. Appen fell by 3.3%, while Brainchip … Read more
