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DeepSeek Surpasses ChatGPT as Top US App, Sends Stock Market Tumbling

by Valuetainment
January 28, 2025
in Aggregated, News
DeepSeek

Chinese AI startup DeepSeek surged to the top of the American App Store over the weekend, overtaking OpenAI’s ChatGPT as the most popular AI assistant in the US. The previously unknown app’s sudden, explosive debut has left the US stock market reeling, raising concerns about future American dominance in the AI sector.

Launched on January 10, DeepSeek’s app leverages the DeepSeek-V3 model, reportedly developed for less than $6 million— a fraction of the cost incurred by its American counterparts. Deepseek also utilizes a new energy-efficient system, dramatically reducing the power consumption required to operate its servers.

Traditional retirement fund experience meets modern assets. The all-new iTrustCapital applies decades of IRA expertise to the cryptocurrency arena. Rollover or transfer your retirement accounts into an IRA backed by Bitcoin, Ethereum, and other cryptocurrencies.

Following DeepSeek’s launch, nuclear energy stocks, including Oklo Inc. and NuScale Power Corporation, suffered steep declines of 16.3% and 13.7%, respectively, as the market reevaluates the energy demands of AI applications and their potential impact on nuclear investments.

Power companies such as Constellation Energy and Vistra Corp also experienced notable losses, with declines exceeding 14%, raising concerns over the anticipated energy requirements for AI data centers.

Analysts suggest that the reduced energy consumption projected by DeepSeek’s model could diminish the expected demand for nuclear power as a key energy source for AI. […]

— Read More: valuetainment.com






At Last, a Company With Integrity in the Gold IRA Industry

For several years, I’ve been vetting out precious metals companies in search of the best. I believe in gold and silver but it’s hard to find integrity in the Gold IRA industry. The vast majority operate with shady tactics and gigantic spreads that take advantage of Americans who simply want to protect their life’s savings.

I’ve found a handful that I like and I’ve worked with some of them. By no means would I “unrecommend” them because, again, I vetted them out and found them to be above the fold. Unfortunately, it isn’t hard to be better than the rest when the rest are so darn awful.

After years of searching, I finally found a company that truly operates with integrity. Augusta Precious Metals has three important attributes that set them far above the competition:

  • Non-Commissioned Sales Team: I cannot stress how important and unique this is. With just about every other company in the Gold IRA industry, the sales teams make commission from every account they open. This means they steer their clients toward the gold and silver products with the highest commission. With Augusta Precious Metals, the team is solely focused on putting the best gold and silver for their clients into their IRA. They get paid to serve the best interests of the Gold IRA client, NOT their own commission pay.
  • Incredibly Low Fees: Most Americans would be shocked if they knew the spread other Gold IRA companies charge. Augusta charges just 5% versus up to 45% elsewhere.
  • No Pressure, No Gimmicks: There’s an understanding among most in the Gold IRA industry that fear and pressure is the way to go. Augusta Precious Metals takes a sober approach when working with clients because they hold integrity in the highest possible regard. This is why they don’t offer gimmicks like “free” or “bonus” silver. It’s also why they do not apply pressure tactics to get quick sales. Their educational and transparent approach to doing business is exceedingly rare in the Gold IRA industry.

Reach out to Augusta Precious Metals to learn more about protecting your wealth and retirement with physical precious metals.

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