Chinese chatbot based on artificial intelligence has caused a huge loss to major American companies, costing them a trillion dollars.

 Chinese chatbots based on artificial intelligence have caused a huge loss to major American companies, costing them a trillion dollars.

deep seek

The Chinese artificial intelligence-based chatbot 'DeepSec' has stirred among major American companies, causing them to lose a trillion dollars.

DeepSec also became the top trending free app on Apple's App Store in the US, UK, and China, surpassing ChatGPT.

According to British media, DeepSec performs similarly to ChatGPT, a chatbot from the American company OpenAI, but it uses far fewer resources than ChatGPT.

DeepSec's capabilities have shaken investors' confidence in major American companies working on artificial intelligence.

Following the popularity of DeepSec, the share price of Nvidia, the largest company producing computer chips for artificial intelligence models, fell 17% yesterday, reducing its market value by $600 billion. Google's parent company, Alphabet, lost $100 billion, while Microsoft lost $7 billion.

Nvidia's loss is being described as the largest loss to a company in the history of the US stock market.

On the other hand, US President Donald Trump has said that DeepSec should be considered a warning to American industries.

Trump said he has been reading about China and its companies, especially a company that has invented a faster and less expensive way to do artificial intelligence.

Trump said it was good because it wouldn't cost much money, describing it as a positive asset.