Overview

  • Sectors Banking
  • Posted Jobs 0
  • Viewed 6

Company Description

Chinese Chatbot Brought down the uS Stock Market

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

Chinese AI DeepSeek surpassed ChatGPT and reduced international stock markets, writes, in particular, Reuters.

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

According to data released in a number of other media outlets, the remaining innovation giants related to the advancement of expert system have lost lots of 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 business Nasdaq-100 fell by almost 3%.

American business have invested and plan to invest numerous billions of dollars in the of artificial intelligence systems. While the Chinese business DeepSeek it cost $ 5.6 million.