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Founded Date July 4, 2014
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Chinese Chatbot Brought down the United States Stock Exchange
The Chinese chatbot DeepSeek demolished the US stock exchange, lowering the capitalization of American companies by a trillion dollars. This is reported by the world media.
Chinese AI DeepSeek overtook ChatGPT and brought down international stock exchange, writes, in specific, Reuters.
The appearance 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 almost $ 600 billion in market worth, the .
According to data published in a variety of other media outlets, the remaining technology giants associated 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. Microsoft’s stock price 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 general index of American innovation business Nasdaq-100 fell by practically 3%.
American business have invested and strategy to invest numerous billions of dollars in the advancement of expert system systems. While the Chinese business DeepSeek it cost $ 5.6 million.