Andrew Curtayne: Milford Asset Management expert on stocks bouncing back following DeepSeek debacle

 

Over in the US, tech stocks have picked up again after a 3 percent selloff after Chinese startup DeepSeek caused a storm in the AI industry.

The stocks took a dive earlier in the week after DeepSeek stunned the tech world by revealing it could compete with US counterparts at a fraction of the cost.

Milford Asset Management's Andrew Curtayne explains what this means for the wider world of AI.

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