cryptofamily

On Jan. 27, the global tech industry faced an earthquake of sorts when DeepSeek, a Chinese AI company, launched its R1 model, sparking reactions that shook investor confidence and wiped over $1 trillion off the Nasdaq Composite Index. 

The fallout hit some of the biggest names in tech, with NVIDIA experiencing the largest single-day market loss in U.S. history — a staggering $600 billion drop in value. Google’s parent company, Alphabet, lost $100 billion, while Microsoft took a $7 billion hit