Published: Jan. 24, 2026 at 8:30\u202fa.m. ET<\/p>\n
One year ago, a relatively unknown artificial-intelligence lab owned by a Chinese quantitative hedge fund dealt a seismic shock to U.S. tech investors.<\/p>\n
Delivering performance comparable to elite U.S. large language models for a fraction of the cost, the emergence of DeepSeek\u2019s R1 reasoning model erased over $750 billion from the S&P 500 index SPX<\/a> on Jan. 27, 2025. Nvidia NVDA<\/a> alone lost over $590 billion in market value, setting a record for the largest single-day stock wipeout in U.S. history, according to Dow Jones Market Data.<\/p>\n","protected":false},"excerpt":{"rendered":"Published: Jan. 24, 2026 at 8:30\u202fa.m. ET One year ago, a relatively unknown artificial-intelligence lab owned by a…\n","protected":false},"author":2,"featured_media":301685,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[261],"tags":[291,148815,12007,110147,489,66873,289,83888,67210,290,133128,85833,14074,11715,85036,85045,29713,1096,5149,85786,314,41570,13782,41564,41565,148823,18,1306,35567,41571,78968,1510,107341,41579,3334,5568,66872,65950,14668,4050,148818,148819,148816,148824,19,82633,82634,41586,5885,82635,148822,17,138950,610,14965,1722,5763,5762,148817,56380,10705,55699,778,9436,44285,190,133,11662,19506,827,864,34520,26243,148821,82,12274,148820],"class_list":{"0":"post-301684","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-alibaba-group-holding-ltd-adr","10":"tag-alphabet-inc-cl-a","11":"tag-alphabet-inc-cl-c","12":"tag-amazon-com-inc","13":"tag-amzn","14":"tag-artificial-intelligence","15":"tag-artificial-intelligence-technologies","16":"tag-artificial-intelligence-machine-learning","17":"tag-artificialintelligence","18":"tag-baba","19":"tag-ce-exclusion-filter","20":"tag-capital","21":"tag-commodity","22":"tag-commodity-financial-market-news","23":"tag-comp","24":"tag-computer-hardware","25":"tag-computer-science","26":"tag-computers","27":"tag-computers-electronics","28":"tag-computing","29":"tag-content-types","30":"tag-corporate","31":"tag-corporate-actions","32":"tag-corporate-industrial-news","33":"tag-cqqq","34":"tag-eire","35":"tag-electronics","36":"tag-equity-markets","37":"tag-factiva-filters","38":"tag-financial-market-news","39":"tag-funding","40":"tag-funding-capital","41":"tag-gcapi","42":"tag-general-news","43":"tag-generative-ai","44":"tag-goog","45":"tag-googl","46":"tag-graphics-processing-units","47":"tag-hang-seng-index","48":"tag-hk100","49":"tag-hk2513","50":"tag-hk700","51":"tag-hkhsi","52":"tag-ie","53":"tag-industrial-electronics","54":"tag-industrial-goods","55":"tag-industrial-news","56":"tag-information-technology","57":"tag-integrated-circuits","58":"tag-invesco-china-technology-etf","59":"tag-ireland","60":"tag-knowledge-atlas-technology-jsc-ltd","61":"tag-machine-learning","62":"tag-manufacturing","63":"tag-meta","64":"tag-meta-platforms-inc","65":"tag-microsoft-corp","66":"tag-minimax-group-inc","67":"tag-msft","68":"tag-nasdaq-composite-index","69":"tag-nvda","70":"tag-nvidia-corp","71":"tag-political","72":"tag-political-general-news","73":"tag-sp-500-index","74":"tag-science","75":"tag-science-technology","76":"tag-semiconductors","77":"tag-services","78":"tag-software","79":"tag-spx","80":"tag-synd","81":"tag-tcehy","82":"tag-technology","83":"tag-tencent-holdings-ltd","84":"tag-tencent-holdings-ltd-adr"},"share_on_mastodon":{"url":"","error":"Validation failed: Text character limit of 500 exceeded"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/301684","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=301684"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/301684\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/301685"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=301684"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=301684"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=301684"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}