Chinese chatbot DeepSeek wipes $500 billion off Nvidia’s market cap

Chinese chatbot DeepSeek wipes 0 billion off Nvidia’s market cap

The valuation of Artificial Intelligence chipmaking firm Nvidia has plummeted after the debut of Chinese AI chatbot DeepSeek caused panic and mass sell-offs in the wider tech sector.

In what was set to be the largest single-day loss in stock…

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https://www.newsweek.com/nvidia-loses-500-billion-china-deepseek-ai-2021535