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.