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DeepSeek, Black Swans & AI

January 28, 2025

There was a typo in my last alert, Blast-Off should have read Blast-Down. The Chinese have invented an LLM (large language model) which performs like ChatGBT or better but runs on data centres found in Christmas crackers.

This astonishing news led to an incredible day in Monday's US stock market where Nvidia's loss of nearly $600bn in market value was the biggest in US stock market history.

To get unique access to stock market news and analysis from Quentin Lumsden, one of London’s leading stock market experts, and to continue reading this article…

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