“2025 Market Meltdown: Ultra-Rich Lose Billions as NASDAQ Plummets – Deepseek Panic Live Updates”
The Release of a Less Capital-Intensive Artificial Intelligence Model Sends Shockwaves Through Stock Market The Impact on U.S. Billionaires The release of a less capital-intensive artificial intelligence model from China’s DeepSeek has sent a chill through the U.S. stock market. On Monday, this development sparked a massive selloff that hit billionaires where it hurts—their fortunes….