DeepSeek Disrupts Markets: AI Shakes Tech & Crypto!
DeepSeek’s R1 model has sent shockwaves through the tech and crypto markets, challenging industry giants with high-performance AI at a fraction of the cost. NVIDIA lost $600B in market value, Alphabet dropped $100B, and Microsoft took a $7B hit as investors reevaluated AI’s future. The crypto market wasn’t spared—AI-focused tokens like $RNDR, $GRT, and $FET plunged over 10%, fearing a shakeup in GPU-reliant sectors. Bitcoin miners saw massive sell-offs, with Riot Platforms ($RIOT) and Cipher Mining ($CIFR) dropping 15% and 25%, respectively. However, some analysts believe DeepSeek’s open-source AI could benefit crypto, reducing AI-computing costs and fueling decentralized AI projects. If AI models become cheaper and more accessible, Web3-powered AI and blockchain integration could see a major boost. Is DeepSeek a market threat, or will it supercharge AI-driven crypto innovation?