Sponsor: Uniswap Labs — Uniswap Labs launched a $15.5 Million bug bounty to help secure V4
📸 Weekly Market Snapshot: The total market cap of crypto's AI sector dropped below $10B, a 50% slide from its position two weeks ago. The shakeout came as the new DeepSeek model, which didn't require much hardware, spooked selloffs in large AI and hardware stocks like Nvidia, in turn triggering wider sell pressure across the onchain AI scene.
This week, the new open-source Chinese AI model DeepSeek continued to dominate headlines and online discussions as hobbyists and huge companies alike grappled with the implications of its inexpensive training.
In AI Rollup #9, David and Ejaaz dig into the selloff that DeepSeek spooked across crypto and tech and how its rise sets the stage for a new East-West arms race in artificial intelligence.
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