4
Feb
2025
DeepSeek Shocked Silicon Valley, but It’s Not Earth Shaking for Biotech
DeepSeek, the artificial intelligence (AI) research group owned by Chinese hedge fund High-Flyer, dominated last week’s news cycle—at least for 24-48 hours. The group launched R1, the latest in a series of cutting-edge large language models (LLMs). Investors panicked, erasing over $1 trillion of U.S. equity market cap in a single day. Nvidia (NVDA), the maker of high-powered AI chips,... Read More