The China-based AI model #DeepSeek has performed exceptionally well, sparking widespread discussion within the global tech community.

The dominance of the U.S. in AI is now being questioned, with growing concerns about the future ahead of earnings reports from tech giants such as Apple, Microsoft, and OpenAI.

As a result, U.S. stock index futures saw a sharp decline on Monday, with Wall Street professionals worried that DeepSeek could disrupt the U.S. tech industry.