Overview

  • Founded Date October 26, 2009
  • Sectors overseas
  • Posted Jobs 0
  • Viewed 5
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Company Description

Chinese Chatbot Brought down the United States Stock Market

The Chinese chatbot DeepSeek demolished the US stock exchange, bringing down the capitalization of American business by a trillion dollars. This is reported by the world media.

Chinese AI DeepSeek overtook ChatGPT and reduced worldwide stock exchange, composes, in particular, Reuters.

The look on the market of the Chinese chatbot DeepSeek-R1 following the outcomes of one exchange day, on January 27, cost the American microchip producer Nvidia practically $ 600 billion in market price, the .

According to data published in a number of other media outlets, the remaining innovation giants related to the advancement of synthetic intelligence have lost many tens of billions of dollars more. In specific, Broadcom lost 17.4%, or about $ 200 billion. Microsoft’s stock price fell by 2.14% (about $ 70 billion) during the day, and the shares of Google’s owner, Alphabet, decreased by 4% ($95 billion).

The total index of American technology companies Nasdaq-100 fell by nearly 3%.

American business have actually invested and strategy to invest hundreds of billions of dollars in the development of synthetic intelligence systems. While the Chinese business DeepSeek it cost $ 5.6 million.

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