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Tag: Industry

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AI Cryptos See Sharp Declines as DeepSeek Disrupts the Industry

In Brief AI crypto market cap fell 10% in 24 hours to $37.4 billion, with major coins like RENDER and VIRTUAL losing over 13%. DeepSeek, a $6M AI model, has disrupted the industry, challenging the dominance of heavily funded players like OpenAI. Growing uncertainty about AI project viability is impacting both AI-focused companies and cryptocurrencies…
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