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Why Shares of Cameco, Denison Mines, and Uranium Energy All Crashed Today
CCJCameco(CCJ) The Motley Fool·2025-01-27 17:41

China's DeepSeek artificial intelligence is helping to torpedo uranium stocks.Monday opened bleakly for uranium mining stocks. Over the weekend, Chinese artificial intelligence (AI) start-up DeepSeek announced it has developed a large language model by the same name that took just two months and cost only $6 million to develop -- yet somehow seems to be outperforming AI developed by ChatGPT over much more time and at far greater cost.The news seems to imply that Western AI companies have been wasting their ...