The predicted success of Chinese artificial intelligence company Deepseek has shaken the market. In New York, the technology-focused Nasdaq index was more than three percent at the end of the trading. The technology company Nvidia, on the other hand, was already almost 17 % down.
Alamäki was based on estimates that the Chinese Deepseek would reach the same level as its competitors, especially in the United States, but for a fraction of their costs.
Deepseek’s artificial intelligence program was released last week and saw a decline on the New York Stock Exchange on Friday.