- DeepSeek, a Chinese startup, released an AI assistant last week trained at significantly reduced cost compared to U.S. competitors such as NVIDIA, Microsoft, Meta and Google
- As the North American AI market scrambles to reverse engineer and catch up to DeepSeek’s models, shares of Perimeter Medical Imaging AI (TSXV:PINK) gained as much as 58.93 per cent on the day
- The medical technology company is focused on transforming cancer surgery with advanced imaging tools in areas of high unmet need
- Perimeter Medical Imaging AI stock has given back 30 per cent year-over-year and over 50 per cent since 2020
DeepSeek, a Chinese startup, released an AI assistant last week trained at significantly reduced cost compared to U.S. competitors such as NVIDIA, Microsoft, Meta and Google.
U.S. and Canadian stocks have reacted negatively to the innovation, falling in early Monday trading, with AI-focused names…
