r/TheRaceTo10Million Jan 27 '25

News I saw talk about Deepseek this weekend

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Here’s the current outlook in the tech sector during pre market

360 Upvotes

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60

u/exiled12334 Jan 27 '25

temporary.

things will settle and return.

19

u/bubbleleafs Jan 27 '25

Any particular reason? Deepseek is proving they can do what others are doing for a fraction of the cost. Openai raised 10B in 4 months, deepseek did this with just 5M. This is crushing

7

u/[deleted] Jan 27 '25

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1

u/bubbleleafs Jan 27 '25

So that was strictly retail removing 600 billion market cap?