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- Nvidia loses record $589 billion as China’s DeepSeek disrupts global markets
Nvidia loses record $589 billion as China’s DeepSeek disrupts global markets
Reid Hoffman’s Manas AI raises $24.6M, aiming to revolutionize cancer drug discovery
Welcome back to Outskill with AI! 🎉
What we’ll cover today
📝 Nvidia loses record $589 billion as China’s DeepSeek disrupts global markets.
📰 Reid Hoffman’s Manas AI raises $24.6M, aiming to revolutionize cancer drug discovery.
📷 6 AI resources
Nvidia loses record $589 billion as China’s DeepSeek disrupts global markets
What You Need to Know
⚡ Nvidia shares plunged 17%, erasing $589 billion in market value—the largest single-company loss in history.
⚡ Chinese AI app DeepSeek-R1 soared to the top of Apple’s App Store, rattling US markets and raising questions about dominance in the AI race.
⚡ Energy firms linked to AI demand also sank, with Constellation Energy Corp dropping 21%.
Why It Matters
A ‘Sputnik moment’ for stocks? DeepSeek’s rise signals shifting AI dominance and exposes vulnerabilities in the US equity market. Experts warn against overconfidence in tech valuations and reassess the assumptions driving AI investments.
Reid Hoffman’s Manas AI raises $24.6M, aiming to revolutionize cancer drug discovery
What You Need to Know
⚡ Manas AI, co-founded by LinkedIn’s Reid Hoffman focuses on AI-powered drug discovery for breast cancer, prostate cancer, and lymphoma.
⚡ The startup secured $24.6M in seed funding from Hoffman, General Catalyst, and Greylock.
⚡ Manas AI will design molecules with AI and test them in wet labs, leveraging Microsoft Azure for cloud computing and AI expertise.
Why It Matters
This move signals AI search market heating up as startups race to monetize through enterprise solutions
AI Meme-ory 🚀
1-2-3 Resources
1 blog post you may like
AI Will Be Smarter Than Your Kids. Here’s What To Do
2 Videos you should watch
AI Podcast Hosts Discover They’re AI, Not Human - NotebookLM
Our AI Future Is WAY WORSE Than You Think - Yuval Noah Harari
3 Tools to try
SaveMyLeads: Send real-time notifications about new leads via Email or SMS or integrate with your CRM and spreadsheets.
Autocut: Automate your manual tasks and save hundreds of hours.
Before sunset: Turn your todos into daily plans with AI.
Team Outskill