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":"","_share_on_mastodon":"0"},"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":["post-301684","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-alibaba-group-holding-ltd-adr","tag-alphabet-inc-cl-a","tag-alphabet-inc-cl-c","tag-amazon-com-inc","tag-amzn","tag-artificial-intelligence","tag-artificial-intelligence-technologies","tag-artificial-intelligence-machine-learning","tag-artificialintelligence","tag-baba","tag-ce-exclusion-filter","tag-capital","tag-commodity","tag-commodity-financial-market-news","tag-comp","tag-computer-hardware","tag-computer-science","tag-computers","tag-computers-electronics","tag-computing","tag-content-types","tag-corporate","tag-corporate-actions","tag-corporate-industrial-news","tag-cqqq","tag-eire","tag-electronics","tag-equity-markets","tag-factiva-filters","tag-financial-market-news","tag-funding","tag-funding-capital","tag-gcapi","tag-general-news","tag-generative-ai","tag-goog","tag-googl","tag-graphics-processing-units","tag-hang-seng-index","tag-hk100","tag-hk2513","tag-hk700","tag-hkhsi","tag-ie","tag-industrial-electronics","tag-industrial-goods","tag-industrial-news","tag-information-technology","tag-integrated-circuits","tag-invesco-china-technology-etf","tag-ireland","tag-knowledge-atlas-technology-jsc-ltd","tag-machine-learning","tag-manufacturing","tag-meta","tag-meta-platforms-inc","tag-microsoft-corp","tag-minimax-group-inc","tag-msft","tag-nasdaq-composite-index","tag-nvda","tag-nvidia-corp","tag-political","tag-political-general-news","tag-sp-500-index","tag-science","tag-science-technology","tag-semiconductors","tag-services","tag-software","tag-spx","tag-synd","tag-tcehy","tag-technology","tag-tencent-holdings-ltd","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}]}}