DeepSeek R1 Destroys NVidia Stock Price! Crashes Market!

DeepSeek R1, a new AI model from the Chinese startup DeepSeek, has rapidly gained prominence, surpassing established models like OpenAI's ChatGPT in performance and becoming the most downloaded free app on the Apple App Store. Developed at a significantly lower cost than its American competitors, R1's success challenges the existing AI market dominance of U.S. companies, sparking concerns and market reactions.