Nvidia drops nearly 17% as China's cheaper AI model DeepSeek sparks global tech sell-off

Jan 28, 2025 - 17:00
Nvidia drops nearly 17% as China's cheaper AI model DeepSeek sparks global tech sell-off
DeepSeek launched a free, open-source large language model in late December, claiming it was developed in just two months at a cost of under $6 million.