
Islandkidsfirst
Add a review FollowOverview
-
Founded Date September 20, 1995
-
Sectors Linguistics
-
Posted Jobs 0
-
Viewed 3
Company Description
Chinese Chatbot Brought down the uS Stock Market
The Chinese chatbot DeepSeek destroyed the US stock exchange, reducing the capitalization of American business by a trillion dollars. This is reported by the world media.
Chinese AI DeepSeek overtook ChatGPT and brought down worldwide 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 $ 600 billion in market worth, the BBC reports.
According to information published in a number of other media outlets, the remaining innovation giants connected with the advancement of expert system have lost lots of 10s 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) during 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 practically 3%.
American business have invested and strategy to invest numerous billions of dollars in the advancement of synthetic intelligence systems. While the Chinese business DeepSeek it cost $ 5.6 million.