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Minimixtape

Overview

  • Founded Date September 4, 1966
  • Sectors Information Technology
  • Posted Jobs 0
  • Viewed 15

Company Description

Chinese Chatbot Brought down the uS Stock Exchange

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 lowered international stock markets, writes, in specific, 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 practically $ 600 billion in market worth, the BBC reports.

According to information released in a number of other media outlets, the staying innovation giants associated with the development of synthetic intelligence have lost numerous 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 innovation companies Nasdaq-100 fell by practically 3%.

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

 
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