I kinda wonder if this is how we got DeepSeek. It was developed by a Chinese hedge fund. Entirely possible their business model was to take out large leveraged puts against the major U.S. AI vendors; shit on their business models with an entirely open-source model; and profit. The stock market certainly dropped in a massive way when DeepSeek was released, so if they traded against NVDA/GOOG/META et al, they profited in a big way.