Overview

  • Founded Date February 6, 1906
  • Sectors Health Care
  • Posted Jobs 0
  • Viewed 22
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Company Description

Chinese Chatbot Brought down the United States Stock Exchange

The Chinese chatbot DeepSeek destroyed the US stock market, lowering the capitalization of American companies by a trillion dollars. This is reported by the world media.

Chinese AI DeepSeek overtook ChatGPT and brought down worldwide stock markets, composes, in particular, Reuters.

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

According to information published in a variety of other media outlets, the staying technology giants related to the development of synthetic intelligence have lost numerous 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) throughout the day, and the shares of Google’s owner, Alphabet, decreased by 4% ($95 billion).

The total index of business Nasdaq-100 fell by almost 3%.

American companies have invested and strategy to invest numerous billions of dollars in the advancement of expert system systems. While the Chinese business DeepSeek it cost $ 5.6 million.

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