One and a half musc and one and a half Pakistan! Chinese AI Maestro has caused so much damage to America
New Delhi:
Donald Trump issued several effective orders after taking oath as president. One of them was an investment of $ 500 billion to promote infrastructure related to Artificial Intelligence. A week after Trump’s oath, there was a stir in the US stock market. A Chinese company Deepcik launched its AI-Poward Chatbot. On seeing this app became the most downloaded app from Apple’s Play Store in America. After the arrival of this app, the market value of American company Nvidia decreased by about $ 600 billion. This has created a panic on the Wall Street of America. It is not that only Nvidia’s market value has decreased. Apart from this, shares of companies like Google and Microsoft saw a decline.
Whose share fell
On January 27, the US share index Nasdech saw a decline of 3.1 per cent due to Deepcia. Nvidia shares saw a fall of 17.4 per cent, Microsoft’s chatGPT shares 2.1 per cent and Google’s parent company Alfavate shared a decline of 4.2 per cent.
| Country | Size of economy |
| Pakistan | $ 374 billion |
| Bangladesh | 451.51 billion dollars |
| Nepal | 40 billion dollars |
| Sri Lanka | 74 billion dollars |
| Greece | 480 billion dollars |
| Portugal | 350 billion dollars |
| Vietnam | 500 billion dollars |
| New Zealand | $ 240 billion |
| Chile | 300 billion dollars |
| Ukraine | 600 billion dollars |
Due to DeepC, NVDia’s market value has been reduced, less investment was announced by President Trump in his executive order. The less the market value of Nvidia has become, the bigger the market value has been, the bigger country of India, Bangladesh, Nepal and India’s neighboring country, Bangladesh, Nepal and Sri Lanka does not even have an economy (see table). On the other hand, if we look at the property of billionaires, then NVDia’s market value has decreased more than the total wealth of Elon Musk, the world’s richest person. According to the list of forbes by billionaires, Tesla and SpaceX owner Musk has a total assets of $ 433.8 billion.
What is deep
Deepcic is a Chinese company of Artificial Intelligence. It was founded by an engineer named Liang Wenfeng. Its headquarters is in Hongcho. This company was launched in July 2023. Wenfeng for Dipcic had collected investors through hedge funds. He built a store through Nvidia A100 chips. It is being said that he launched DipC with a collection of about 50 thousand chips.
Also read: PM Modi can visit America in February: President Trump
