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Founded Date September 28, 1961
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Sectors Security & Protective Services Jobs
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Company Description
Chinese Chatbot Brought down the United States Stock Exchange
The Chinese chatbot DeepSeek demolished the US stock market, lowering the capitalization of American companies by a trillion dollars. This is reported by the world media.
Chinese AI DeepSeek surpassed ChatGPT and brought down worldwide stock exchange, composes, in specific, Reuters.
The look on the market of the Chinese chatbot DeepSeek-R1 following the outcomes of one exchange day, on January 27, cost the American microchip manufacturer Nvidia nearly $ 600 billion in market price, the BBC reports.
According to information published in a variety of other media outlets, the staying technology giants connected with the development of expert system have lost many tens of billions of dollars more. In particular, Broadcom lost 17.4%, or about $ 200 billion. cost 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 companies Nasdaq-100 fell by almost 3%.
American business have invested and strategy to invest hundreds of billions of dollars in the development of synthetic intelligence systems. While the Chinese business DeepSeek it cost $ 5.6 million.