Steve Cohen says DeepSeek-style AI scare is 'bullish', blames stock tumble on misinformation
firstadopter · x · 2026-10-13
Investor firstadopter argues this week's AI selloff mirrors last year's DeepSeek shock and hopes media and markets catch the misinformation faster this time. He cites FT remarks by billionaire hedge fund manager Steve Cohen: the emergence of China's DeepSeek is actually "bullish" because it advances the move to artificial super intelligence, and Monday's tech share tumble was driven by misinformation from people who "haven't done the work."
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