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Founded Date September 18, 1903
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Chinese Chatbot Brought down the uS Stock Exchange
The Chinese chatbot DeepSeek destroyed the US stock exchange, 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 markets, composes, in specific, Reuters.
The appearance on the market of the Chinese chatbot DeepSeek-R1 following the outcomes of one exchange day, on January 27, cost the American microchip manufacturer Nvidia practically $ 600 billion in market worth, the .
According to information published in a number of other media outlets, the remaining innovation giants connected with the development of expert system have lost numerous tens 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) throughout the day, and the shares of Google’s owner, Alphabet, went down by 4% ($95 billion).
The general index of American technology business Nasdaq-100 fell by nearly 3%.
American companies have invested and strategy to invest numerous billions of dollars in the development of synthetic intelligence systems. While the Chinese company DeepSeek it cost $ 5.6 million.