Bitcoin miners slump after DeepSeek raises questions about AI power usage. What’s next.
As attention on Chinese startup DeepSeek and its artificial-intelligence model led to a $1 trillion wipeout in the U.S. stock market on Monday, shares of bitcoin miners with exposure to artificial intelligence also tumbled.
Bitcoin tumbles amid broader market jitters over Chinese AI app DeepSeek
Why China's DeepSeek is causing Bitcoin and crypto market to plunge
What is DeepSeek, the Chinese AI app challenging OpenAI and Silicon Valley?
DeepSeek is a new artificial intelligence chatbot that’s sending shock waves through Wall Street, Silicon Valley and Washington. The app, name after the Chinese start-up that built it, rocketed to the top of Apple’s App Store in the United States over the weekend.
decrypt2d
China’s DeepSeek AI Surprise Pushes Bitcoin Under $98K as Nasdaq Tanks
The price of Bitcoin dipped below $98,000 after DeepSeek, a Chinese AI startup, threw a wrench into Big Tech's week of key earnings.
CoinDesk3d
Bitcoin Dives to Under $99K as DeepSeek, FOMC Steal Trump Effect
Much of the concern draws from a possible overvaluation in U.S. tech companies as DeepSeek’s latest AI model is significantly cheaper to produce and was built using open-source technology that is easy to access.
Bittensor Price Forecast: Is China's Deepseek vs OpenAI rivalry behind $1.4B TAO rally?
Bittensor (TAO) price peaked $484 at for Wednesday, defying crypto market volatility with a 37% increase over the last seven days. On-chain data suggests discussions around China’s Deepseek and OpenAI may have driven TAO’s strong performance.
CoinDesk2d
TRUMP, XRP Surge 12% to Lead Crypto Rebound Ahead of FOMC Meeting
Bitcoin added 4% in the past 24 hours to trade around $103,000 in European morning hours, alleviating some of Monday’s losses.
OpenAI’s agent tool may be nearing release
OpenAI may be close to releasing an AI tool that can take control of your PC and perform actions on your behalf, if leaks are to be believed.
OpenAI seeks to block Indian media groups from copyright lawsuit
Microsoft-backed OpenAI sought to block on Tuesday India's biggest media organisations, including those of billionaires Gautam Adani and Mukesh Ambani, from joining a copyright lawsuit that is set to shape the legal framework for AI in India.
How a Chinese start-up’s low-cost AI is unsettling Silicon Valley – The Front Page
Silicon Valley’s been rattled by a low-cost Chinese AI – with the start-up claiming its DeepSeek technology can emulate the performance of ChatGPT, at a fraction of the cost. Its launch shook share markets and spawned allegations from OpenAI that their Chinese rivals used its work and models to make their artificial intelligence.
Did DeepSeek cause crypto to plunge?
OpenAI says Chinese startups, such as DeepSeek, are "constantly" cribbing the tech of leading AI companies in the US to develop their own models. OpenAI's IP theft concerns come as the company deals with a raft of lawsuits accusing it of violating copyright protections.
Nasdaq: Nvidia Plunge Sends Shockwaves Through Tech Sector, Bitcoin and Crypto Markets
Nasdaq tumbles as Nvidia leads tech selloff. DeepSeek’s low-cost AI shakes US dominance, impacting Bitcoin, cryptos, and chip stocks. Click for analysis.
WGMI: Buy The DeepSeek Meltdown?
DeepSeek's development cost was reportedly under $6 million, raising concerns about the competitive edge of US tech firms and future capex on AI LLMs. WGMI has significant exposure to Bitcoin mining companies that are either already growing or planning to grow revenue from AI/HPC services.