Questions over DeepSeek and cloud growth continue with Amazon, Alphabet earnings

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DeepSeek last week shook markets with its promises of lower-cost, lower-energy artificial intelligence that could go head-to-head with platforms like ChatGPT. And as interest in the China-based AI developer’s chatbot surged, it raised concerns over whether the biggest U.S. technology companies, who have poured billions into AI themselves, had essentially lit their money on fire.

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