DeepSeek Challenges SoftBank's $500 Billion Stargate Project

Reported 26 days ago

DeepSeek's low-cost AI model raises concerns for SoftBank Group Corp.'s ambitious $500 billion Stargate Project, potentially triggering a market correction as investors question the need for such high spending on AI infrastructure. Despite SoftBank's majority stake in Arm Holdings providing some bullish sentiment, analysts warn that heavy investments might impact profitability and limit stock buybacks, while bearishness grows among investors.

Source: YAHOO

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