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Kimi K3 Launch Triggers 'DeepSeek-Style Shock' Concerns on Wall Street This Week

GateNews
DEEPSEEK-3.31%
MS-2.06%
According to the Wall Street Journal, Moonshot AI's launch of low-cost, high-performance model Kimi K3 has triggered 'DeepSeek-style shock' concerns on Wall Street, with AI chip stocks facing selling pressure. Morgan Stanley said the market may experience a similar disruption to the one triggered by DeepSeek in early 2025, with low-cost, high-performance AI models potentially challenging U.S. leaders like OpenAI and Anthropic while undermining demand for the large-scale compute infrastructure supporting the U.S. AI investment boom.
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