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Can China pop America’s AI bubble?
A new model is forcing a reassessment
TL;DRAI
DeepSeek r1 (free, January 2025) wiped $1trn from US markets—Nvidia fell 17%—proof China competes. Free foundation models obliterate the profitable-AI thesis driving US valuations, forcing enterprises to reconsider foundation model ROI and budget allocation.
256 words~1 min read
