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Founded Date June 15, 1996
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Sectors Security Guard
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Company Description
Chinese Chatbot Brought down the uS Stock Market
The Chinese chatbot DeepSeek destroyed 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 surpassed ChatGPT and reduced worldwide stock markets, writes, in specific, Reuters.
The appearance on the marketplace of the Chinese chatbot DeepSeek-R1 following the results of one exchange day, on January 27, cost the American microchip manufacturer Nvidia practically $ 600 billion in market worth, the BBC reports.
According to information released in a number of other media outlets, the staying technology giants related to the of expert system have lost many 10s of billions of dollars more. In particular, Broadcom lost 17.4%, or about $ 200 billion. Microsoft’s stock cost fell by 2.14% (about $ 70 billion) during the day, and the shares of Google’s owner, Alphabet, went down by 4% ($95 billion).
The general index of American technology companies Nasdaq-100 fell by almost 3%.
American companies have invested and strategy to invest numerous billions of dollars in the advancement of artificial intelligence systems. While the Chinese business DeepSeek it cost $ 5.6 million.