{"id":9926,"date":"2025-01-27T18:18:32","date_gmt":"2025-01-27T18:18:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=9926"},"modified":"2025-01-27T18:18:32","modified_gmt":"2025-01-27T18:18:32","slug":"bitcoin-ethereum-solana-crash-heres-why-chinas-low-cost-ai-model-deepseek-may-be-to-blame","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=9926","title":{"rendered":"Bitcoin, Ethereum, Solana Crash \u2014 Here&#8217;s Why China&#8217;s Low-Cost AI Model DeepSeek May Be To Blame"},"content":{"rendered":"<div>\n<p>Chinese AI startup <strong>DeepSeek<\/strong>&#8216;s $6 million AI model has rattled global global markets, with experts warning it signals a major shift <a href=\"https:\/\/www.benzinga.com\/25\/01\/42793394\/nvidias-2-trillion-ai-rally-fueled-by-chips-startups-and-robotics\">in AI competition<\/a>.<\/p>\n<p><strong>What Happened: <\/strong>Speaking with Benzinga, experts suggest the Chinese startup&#8217;s efficiency-focused approach is reshaping perceptions of dominance in artificial intelligence, challenging the high-cost strategies employed by US tech giants like <strong>OpenAI <\/strong>and <strong>NVIDIA <\/strong>(NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/NVDA#NASDAQ\">NVDA<\/a>).<\/p>\n<p>The model, R1, was developed for under $6 million, according to the company, and has outperformed established competitors in several tests. <\/p>\n<p>Its open-source approach has triggered concerns about the future competitiveness of US technology firms and their spending-heavy AI strategies.<\/p>\n<p>The announcement sent jitters through the markets, with the Nasdaq Composite dropping 2.7%, the S&amp;P 500 sliding 1.6%, and the Dow Jones Industrial Average dipping 0.1%. <\/p>\n<p>DeepSeek&#8217;s claims of achieving high-performance AI at a fraction of Silicon Valley&#8217;s costs have raised fears of an AI stock &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/01\/43244653\/bitcoin-ethereum-solana-crash-heres-why-chinas-low-cost-ai-model-deepseek-may-be-to-blame\" alt=\"Bitcoin,\" ethereum solana crash here why china low-cost ai model deepseek may be to blame>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Chinese AI startup DeepSeek&#8216;s $6 million AI model has rattled global global markets, with experts warning it signals a major shift in AI competition. What Happened: Speaking with Benzinga, experts suggest the Chinese startup&#8217;s efficiency-focused approach is reshaping perceptions of dominance in artificial intelligence, challenging the high-cost strategies employed by US tech giants like OpenAI [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-9926","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/9926","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9926"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/9926\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9926"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9926"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9926"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}