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Ladybbird · 28-01-25, 08:08

Sputnik Moment: Chinese AI Chatbot DeepSeek Sparks Turmoil in US Tech Markets

TRUMPs FURY as $1TRIL Wiped Off US Stocks After Chinese Firm Unveils AI Chatbot

DeepSeek hit with LARGE cyber-attack after AI chatbot tops app stores. Attack forces Chinese company to temporarily limit registrations as app becomes highest rated free app in US

The Guardian 28 JAN 2025

Trump calls emergence of DeepSeek a wake-up call amid doubts about sustainability of western artificial intelligence boom.

The race for domination in artificial intelligence was blown wide open on Monday after the launch of a Chinese chatbot wiped $1TRIL from the leading US tech index, with one investor calling it a Sputnik moment for the worlds AI superpowers.

Investors punished global tech stocks on Monday after the emergence of DeepSeek, a competitor to OpenAI and its ChatGPT tool, shook faith in the US artificial intelligence boom by appearing to deliver the same performance with fewer resources.

The tech-heavy Nasdaq Composite closed down 3.1%, with the drop at one point wiping more than $1TRIL off the index from its closing value of $32.5TRIL last week, as investors digested the implications of the latest AI model developed by DeepSeek.

Nvidia, a leading maker of the computer chips that power AI models, was overtaken by Apple as the most valuable listed company in the US after its shares fell 17%, wiping nearly $600BIL off its market value. Googles parent company lost $100BIL and Microsoft $7BIL....

Nvidias fall was the biggest in US stock market history.

DeepSeek Hit With LARGE Cyber-Attack - DIRTY TRICKS BEGIN...

DeepSeek said its newly popular app was hit with a cyber-attack on Monday, which forced the Chinese company to temporarily limit registrations. The attack came after the DeepSeek AI assistant app skyrocketed to the top of Apples App Store, becoming the highest rated free app in the US, and climbed high in Googles Play Store.

On its status page, DeepSeek said it started to investigate the issue late Monday night Beijing time. After about two hours of monitoring, the company said it was the victim of a large-scale malicious attack. While DeekSeek limited registrations, existing users were still able to log on as usual.

The app is now allowing registrations again.

Ladybbird · 01-02-25, 14:39

China Achieves Incredible Gains in A.I. as US Excels in Human Stupidity

But They Paid The Price Of Trumps Anger & Envy - New Tarif of 10%

New York Times David Brooks sharply criticized Trump and his new administrations actions over the last few days in a blistering takedown that he said only one word can accurately describe: '''STUPID'''

New York Times 1 FEB 2025

This was the week in which the Chinese made incredible gains in artificial intelligence and the Americans made incredible gains in human stupidity, Brooks wrote.

While he clarified that hes not saying Trump administration officials are not intelligent, Brooks added that they still produced volleys of stupidity this week.

He listed as examples the administrations continued threats to impose ruinous tariffs on Canadian and Mexican imports that Brooks said would only drive up inflation in America. He also noted Trump attempted a general purge of the federal workforce.

But Trumps decision to freeze hundreds of billions of dollars in federal loans and grants and his subsequent move to rescind it fired up Brooks. The move rocked Capitol Hill and sent scores of agencies and individuals into chaos as they scrabbled to grasp the directive.

This Trump policy was like trying to cure acne with decapitation. Nobody seems to have asked the question: If we freeze all grant spending, what will happen next? Once the ramifications of that stupidity became obvious, Trump reversed course
He will churn out a steady stream of stupid policies, and when the consequences of those policies begin to hit Trumps approval rating, he will flop, diminish or abandon those policies Brooks concluded. He loves popularity more than any idea.

TRUMP Supporters Should Now See The Light -Voting For a Criminal is a Mistake

28-01-25, 08:08	#1
Ladybbird Join Date: Feb 2011 Posts: 50,580 Thanks: 28,767 Thanked 14,428 Times in 10,234 Posts Awards Showcase Total Awards: 8	China Achieves Incredible Gains in A.I. But Paid Trumps Envious Price Of 10% Tarif Sputnik Moment: Chinese AI Chatbot DeepSeek Sparks Turmoil in US Tech Markets TRUMPs FURY as $1TRIL Wiped Off US Stocks After Chinese Firm Unveils AI Chatbot DeepSeek hit with LARGE cyber-attack after AI chatbot tops app stores. Attack forces Chinese company to temporarily limit registrations as app becomes highest rated free app in US The Guardian 28 JAN 2025 Trump calls emergence of DeepSeek a wake-up call amid doubts about sustainability of western artificial intelligence boom. The race for domination in artificial intelligence was blown wide open on Monday after the launch of a Chinese chatbot wiped $1TRIL from the leading US tech index, with one investor calling it a Sputnik moment for the worlds AI superpowers. Investors punished global tech stocks on Monday after the emergence of DeepSeek, a competitor to OpenAI and its ChatGPT tool, shook faith in the US artificial intelligence boom by appearing to deliver the same performance with fewer resources. The tech-heavy Nasdaq Composite closed down 3.1%, with the drop at one point wiping more than $1TRIL off the index from its closing value of $32.5TRIL last week, as investors digested the implications of the latest AI model developed by DeepSeek. Nvidia, a leading maker of the computer chips that power AI models, was overtaken by Apple as the most valuable listed company in the US after its shares fell 17%, wiping nearly $600BIL off its market value. Googles parent company lost $100BIL and Microsoft $7BIL.... Nvidias fall was the biggest in US stock market history. DeepSeek Hit With LARGE Cyber-Attack - DIRTY TRICKS BEGIN... DeepSeek said its newly popular app was hit with a cyber-attack on Monday, which forced the Chinese company to temporarily limit registrations. The attack came after the DeepSeek AI assistant app skyrocketed to the top of Apples App Store, becoming the highest rated free app in the US, and climbed high in Googles Play Store. On its status page, DeepSeek said it started to investigate the issue late Monday night Beijing time. After about two hours of monitoring, the company said it was the victim of a large-scale malicious attack. While DeekSeek limited registrations, existing users were still able to log on as usual. The app is now allowing registrations again. __________________ That buzz you hear is George Washington spinning in his grave

01-02-25, 14:39	#2
Ladybbird Join Date: Feb 2011 Posts: 50,580 Thanks: 28,767 Thanked 14,428 Times in 10,234 Posts Awards Showcase Total Awards: 8	China Achieves Incredible Gains in A.I. But Paid Trumps Envious Price Of 10% Tari China Achieves Incredible Gains in A.I. as US Excels in Human Stupidity But They Paid The Price Of Trumps Anger & Envy - New Tarif of 10% New York Times David Brooks sharply criticized Trump and his new administrations actions over the last few days in a blistering takedown that he said only one word can accurately describe: '''STUPID''' New York Times 1 FEB 2025 This was the week in which the Chinese made incredible gains in artificial intelligence and the Americans made incredible gains in human stupidity, Brooks wrote. While he clarified that hes not saying Trump administration officials are not intelligent, Brooks added that they still produced volleys of stupidity this week. He listed as examples the administrations continued threats to impose ruinous tariffs on Canadian and Mexican imports that Brooks said would only drive up inflation in America. He also noted Trump attempted a general purge of the federal workforce. But Trumps decision to freeze hundreds of billions of dollars in federal loans and grants and his subsequent move to rescind it fired up Brooks. The move rocked Capitol Hill and sent scores of agencies and individuals into chaos as they scrabbled to grasp the directive. This Trump policy was like trying to cure acne with decapitation. Nobody seems to have asked the question: If we freeze all grant spending, what will happen next? Once the ramifications of that stupidity became obvious, Trump reversed course He will churn out a steady stream of stupid policies, and when the consequences of those policies begin to hit Trumps approval rating, he will flop, diminish or abandon those policies Brooks concluded. He loves popularity more than any idea. *TRUMP Supporters Should Now See The Light -Voting For a Criminal is a Mistake*

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