Japanese technology stocks took a hit on Tuesday, continuing a global market downturn triggered by DeepSeek, a low-cost AI model from China, raising concerns over potential job losses and the exacerbation of income inequality as companies rush to cut costs.
Japanese Tech Shares Plunge Amid Fears Over Low-Cost AI Displacement
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Jan-29
Technology
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Japanese technology shares fell on Tuesday as a global market rout sparked by the emergence of a low-cost Chinese artificial intelligence model entered day t...
From AOL
Jan-29
Technology
Right Variant
Score: 0.80
A significant downturn in Japanese tech stocks on Tuesday signaled a market realignment in response to DeepSeek, a groundbreaking and cost-effective AI solution from China. This shift underscores the need for Japanese innovation and regulatory reform to remain competitive on the global stage.
From AOL