Market reaction to DeepSeek’s preview of its long-awaited next-generation artificial ?intelligence model has so far been subdued compared with the Chinese ?startup’s outsized global breakthrough last year after the launch of its ?low-cost AI models.The release and overseas reception of DeepSeek-V3 and R1, which the Hangzhou-based company said were trained with a fraction of the computing power used by US rivals, triggered a global ?tech share selloff as investors questioned the logic behind massive spending on AI infrastructure.That moment was widely viewed by analysts as a “black ?swan” event that forced a sudden repricing of assumptions about cost, competition, and…