Web3 Wavefronts - Digestible News on Crypto, DeFi and AI

Why is the AI industry unshaken after the DeepSeek frenzy


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The recent developments in the AI sector highlight significant investment activity and reactions to the DeepSeek AI application. Following its introduction, investment in AI has continued to rise, demonstrating confidence in the sector. SoftBank plans to invest between $15 billion and $25 billion into OpenAI, potentially doubling its valuation to $300 billion. The Blackstone Group also confirms its commitment to AI, pursuing data center investments, particularly an $8.2 billion initiative in Spain. In January, investors directed nearly $5.7 billion into AI-driven startups, reflecting ongoing interest despite a decrease from previous months. Nvidia faced stock declines linked to trade tensions, but experts believe a Chinese application like DeepSeek will encounter challenges in gaining traction in the U.S. market due to data privacy concerns. Overall, the trend indicates continued investment in AI despite the emergence of DeepSeek.

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Web3 Wavefronts - Digestible News on Crypto, DeFi and AIBy theWeb3.news