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China’s cheap AI model becomes threatened for American take giants, drastically falls in stock market
China’s cheap AI model becomes threatened for American take giants, drastically falls in stock market
China’s new AI model ‘Deep Seik’ has created a stir in the American tech world. Due to this, the US stock market lost about Rs 86,32,000 crore in a single day, which is the biggest one -day loss in history. Large tech companies like Google, Meta, Open AI and Nvidia are worried as China has made a better model than their expensive AI models for just Rs 49 crore. Due to this, the trust of investors seems to be rising from American tech companies.