DeepSeek Impact: World's Richest People Lose $108 Billion Amid AI-Led Market Selloff

After DeepSeek R1's impressive performance, global tech-sector titans as a group saw $94 billion of wealth evaporate — roughly 85 per cent of the Bloomberg index's total decline.

Jan 28, 2025 - 12:30
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DeepSeek Impact: World's Richest People Lose $108 Billion Amid AI-Led Market Selloff
After DeepSeek R1's impressive performance, global tech-sector titans as a group saw $94 billion of wealth evaporate — roughly 85 per cent of the Bloomberg index's total decline.

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Subhashree Hi, This is Subhi. Welcome to my blog! I love to keep up with the latest news in healthcare, technology and media. Here you will find insightful articles that inform and interest you about the world around you. Join me as I drift between health and technology, and stay up-to-date!