Chinese Chatbot Brought down the United States Stock Market

The Chinese chatbot DeepSeek demolished the US stock exchange, reducing the capitalization of American companies by a trillion dollars. This is reported by the world media.

Chinese AI DeepSeek surpassed ChatGPT and reduced global stock exchange, composes, in particular, Reuters.

The appearance on the marketplace of the Chinese chatbot DeepSeek-R1 following the results of one exchange day, on January 27, cost the American microchip manufacturer Nvidia practically $ 600 billion in market price, the BBC reports.

According to information released in a number of other media outlets, the remaining technology giants related to the advancement of synthetic intelligence have actually lost lots of tens 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) during the day, and the shares of Google’s owner, Alphabet, went down by 4% ($95 billion).

The general index of American technology companies Nasdaq-100 fell by practically 3%.

American companies have actually invested and strategy to invest numerous billions of dollars in the development of synthetic intelligence systems. While the Chinese company it cost $ 5.6 million.