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With Trump providing $500 billion dollar to advance AI infrastructure, DeepSeek releasing a superior model that only cost $5.6 million sent shock waves through the industry. Tech stocks went into a tail spin today as a result, with Nvidia (NVDA) dropping almost 17% bleeding almost $500 billion in market capitalization.
Do you think that a social media tsunami of such magnitude, dimension and impact would have been unleashed in the world of artificial intelligence technologies in the West after the public revelation of the benefits and advantages of the comparable and cheaper Chinese A.I. DeepSeek if it had not been for Mr. Trump's declaration and approval of releasing and dish $500B of taxpayers' money into StarGate?
I don't think that really had any effect on it.
Then, you're saying that regardless of Trump's statements or if he hadn't said anything publicly about his approval of the $500B investment in StarGate, all the turmoil and shock waves sent to the entire AI industry would have produced the same hype and huge social media tsunami?
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