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Founded Date February 20, 1907
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Sectors Sales & Marketing
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Posted Jobs 0
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Company Description
Chinese Chatbot Brought down the United States Stock Exchange
The Chinese chatbot DeepSeek destroyed the US stock exchange, bringing down the capitalization of American business by a trillion dollars. This is reported by the world media.
Chinese AI DeepSeek overtook ChatGPT and brought down global stock exchange, composes, in particular, Reuters.
The look on the of the Chinese chatbot DeepSeek-R1 following the results of one exchange day, on January 27, cost the American microchip maker Nvidia nearly $ 600 billion in market value, the BBC reports.
According to data released in a number of other media outlets, the staying innovation giants related to the development of expert system have lost numerous 10s 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) during 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 almost 3%.
American companies have actually invested and plan to invest hundreds of billions of dollars in the development of synthetic intelligence systems. While the Chinese company DeepSeek it cost $ 5.6 million.
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