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Founded Date May 31, 1991
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Company Description
Chinese Chatbot Brought down the uS Stock Exchange
The Chinese chatbot DeepSeek destroyed the US stock exchange, reducing the capitalization of American companies by a trillion dollars. This is reported by the world media.
Chinese AI DeepSeek overtook ChatGPT and brought down worldwide stock markets, writes, 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 maker Nvidia almost $ 600 billion in market worth, the BBC reports.
According to information published in a number of other media outlets, the staying innovation giants associated with the advancement 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, decreased by 4% ($95 billion).
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The general index of American innovation companies Nasdaq-100 fell by nearly 3%.
American business have actually invested and plan to invest numerous billions of dollars in the development of synthetic intelligence . While the Chinese business DeepSeek it cost $ 5.6 million.
