https://www.indiratrade.com/blog/deepseek-the-ai-underdog-that-shook-wall-street/9316

DeepSeek: The AI Underdog That Shook Wall Street The U.S. stock market went haywire in January when tech investors woke up to a $1 trillion wipeout in a single day. That’s right—Nasdaq dropped 3.1% on January 27th, marking its worst fall since December 2024. But what caused this chaos? One word—DeepSeek. This AI disruption has rattled Wall Street, and for good reason. Meet DeepSeek: China’s Answer to OpenAI & Google DeepSeek is China’s response to AI giants like OpenAI and Google—but here’s the kicker: it rivals GPT-4 while using far less computing power. That’s a game-changer, and it’s shifting the global AI landscape faster than anyone expected. Founded in 2023 in Hangzhou by Liang Wenfeng, DeepSeek focuses on developing advanced large language models (LLMs). In simple terms, it looks like ChatGPT, behaves like ChatGPT—but isn’t ChatGPT at all. So why is everyone losing their minds now? Let’s break down the past week’s rollercoaster ride. Disruption Just Got Disrupted: DeepSeek R1’s