Senior Housing News January 30, 2025
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Earlier this week, the Chinese artificial intelligence (AI) startup DeepSeek stunned the U.S. tech market by demonstrating it could create a generative AI model akin to OpenAI’s ChatGPT on a relatively small budget.
The news effectively erased $589 billion from graphics chipmaker and AI proponent Nvidia’s (NASDAQ: NVDA) market cap and represents the largest rout in U.S. stock market history.
This disruption underscores how quickly things can change in technology, especially in the realm of AI. Some senior living companies have in recent years invested in tech-forward processes and they are taking note of these seismic changes afoot in the broader technology ecosystem, especially as they integrate AI-supported technology to support operations...
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