Overview

  • Founded Date February 13, 1942
  • Sectors Education Training
  • Posted Jobs 0
  • Viewed 5
Bottom Promo

Company Description

Chinese Chatbot Brought down the United States Stock Market

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

Chinese AI ChatGPT and lowered international stock exchange, writes, in particular, Reuters.

The appearance 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 nearly $ 600 billion in market value, the BBC reports.

According to data released in a number of other media outlets, the remaining technology giants related to the development of synthetic intelligence have actually lost many tens of billions of dollars more. In particular, Broadcom lost 17.4%, or about $ 200 billion. Microsoft’s stock rate fell by 2.14% (about $ 70 billion) throughout the day, and the shares of Google’s owner, Alphabet, went down by 4% ($95 billion).

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

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

Bottom Promo
Bottom Promo
Top Promo