Overview

  • Founded Date November 17, 1910
  • Sectors Automotive
  • Posted Jobs 0
  • Viewed 10

Company Description

Chinese Chatbot Brought down the uS Stock Market

The Chinese chatbot DeepSeek destroyed the US stock market, 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 international stock exchange, 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 producer Nvidia almost $ 600 billion in market worth, the BBC reports.

According to data published in a number of other media outlets, the remaining technology giants related to the development of expert system have actually lost many 10s of billions of dollars more. In specific, Broadcom lost 17.4%, or about $ 200 billion. Microsoft’s stock cost fell by 2.14% (about $ 70 billion) throughout the day, and the shares of Google’s owner, Alphabet, decreased by 4% ($95 billion).

The overall index of American technology Nasdaq-100 fell by practically 3%.

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