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The emergence of low-cost AI chatbot DeepSeek has sent the tech world into frenzy. Nvidia, which designs and builds graphics processing units used in AI, saw its share price fall 17 per cent - slashing almost one trillion dollars off its value. But what is DeepSeek, and how did this small Chinese startup ignite such drastic investor concern?
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The emergence of low-cost AI chatbot DeepSeek has sent the tech world into frenzy. Nvidia, which designs and builds graphics processing units used in AI, saw its share price fall 17 per cent - slashing almost one trillion dollars off its value. But what is DeepSeek, and how did this small Chinese startup ignite such drastic investor concern?
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