China's DeepSeek causes AI shake-up, Nasdaq futures fall


Compared to the American benchmark of OpenAI, DeepSeek stands out for its specialisation in Asian languages. — AFP Relaxnews

KUALA LUMPUR: Nasdaq futures have plunged as the launch of China's DeepSeek AI model last week - a free, open-source artificial intelligence model touted to rival OpenAI's ChatGPT -shook investor confidence in Nvidia's prospects.

Nvidia is seen as having an unassailable lead in the manufacture of chips used in artificial intelligence (AI) technology, but news of a game-changing AI model by DeepSeek - an AI lab funded by Chinese hedge fund High-Flyer - sent the American chip giant's shares falling more than 3% last Friday.

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DeepSeek , AI , Nasdaq , YTL Power , data centre , chips

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