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Founded Date December 29, 1923
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Sectors Healthcare
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Posted Jobs 0
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Viewed 17
Company Description
Chinese Chatbot Brought down the United States Stock Market
The Chinese chatbot DeepSeek demolished the US stock market, lowering the capitalization of American business by a trillion dollars. This is reported by the world media.
Chinese AI DeepSeek overtook ChatGPT and lowered international stock exchange, composes, in particular, Reuters.
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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 manufacturer Nvidia nearly $ 600 billion in market worth, the BBC reports.
According to information published in a variety of other media outlets, the staying technology giants related to the advancement of expert system have actually lost lots of 10s of billions of dollars more. In particular, Broadcom lost 17.4%, or about $ 200 billion. rate fell by 2.14% (about $ 70 billion) throughout the day, and the shares of Google’s owner, Alphabet, decreased by 4% ($95 billion).
The general index of American technology companies Nasdaq-100 fell by practically 3%.
American companies have invested and plan to invest numerous billions of dollars in the advancement of artificial intelligence systems. While the Chinese business DeepSeek it cost $ 5.6 million.
