Deepseek did the magic in AI Space

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28 Jan 2025
20

Dear Readers,
The low cost, versatile featured introduction of DeepSeek from China made the historic downloads among the users.
The Deepseek challenges the OpenAI-ChatGPT and it attracted many users for its simplicity, effective and its low cost pricing.
This also proved the lower use of chips in the AI industry.
This made a heavy challenge for the AI based companies in US and the Chip Companies.
This has triggered the global markets into a heavy blood bath.
Not only the Micro chips, the electricity companies also fell a lot.
AI Server making industries area also part of this drag.
This is going to be a heavy blow for the big techies like Google, MicroSoft, Meta who are into the AI industry.
In a nutsel, whichever are the companies that are direct and indirect association to the AI industry, are in steep fall. 
The introduction of the DeepSeek has opened numerous doors for the AI enthusiasts around the globe.
This has made the competition heavier in the AI Industry.
With all these companies and cutting edge technologies and advancements, the users will get a revolutionary experience and use of AI for various reasons. 
The market is wide open and it is going to be so interesting again!
Many say DeepSeek is a major reason for the drag of the crypto market. 
But that is not true at all.
An amount of US$920,000,000 liquidated from the cryptocurrency market in the past 24 hours.
This is quite shocking.
But this is the liquidation many were expecting to happen!
BTC bounced from $98k (I expected a bounce from $99.4k but deep liquidations brought the price down).
At the time of writing this article the global crypto market cap is valued at $3.4 Trillion, which is a 5.55% decrease from yesterday. 
There is no specific negative crypto news. Deepseek news is nothing to do with this.
Market full of manipulation.
Keep your head cool and HODL with your positions!

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