Topline
The release of a low capitalist artificial intelligence model from China’s Deep Sak sent a cold through the US stock market on Monday, which launched a massive sale under NVIDIA and targeted billionaires. There is trouble. Their good fortune.
Nvidia CEO Jensen Huang presented an important address at the Consumer Electronics Show (CES) in Los. 8 speaking about the day about living [+]
Timeline
Shares of these two companies that have been most affected by DiPsic reactions, NVIDIA and Oracle, the premier trading increased by about 3 %, though both US technology firms still open with more than 10 % weekly losses. Are on the way.
Analyst’s reaction to the historic cell off highlighted massive losses as proportion: UBS analyst Carl Carrister said Oracle’s drop “felt excessive” and Deutsche Bank analysts “Geo -political dynamics are an important driver of this fluctuation,” Ras Simor added. To the clients.
China World -level global times Referring to a telecom industry observers, who said the company’s success has shown that “the Biden administration’s four -year crackdown on China’s AI and computing power has not only failed but it has made the country A. There is also encouragement to create a unique way for the development of Eye. “
People in the tech industry of China also welcomed Deep Sak’s success. A Mass joint Post on social media platform Webo, co-founder of Game Science, Feng G-Steo, who published Hit Game Black Meth: Wokong. Progress is being made by a pure Chinese company.
Openi CEO Sam Altman praised Depsyk’s R1, Says This is an “impressive model, especially around what they are able to provide for the price,” and added “We will clearly provide a much better model and … we do something Will drag the release. “
President Donald Trump said in the House Republican retreat that the launch of the AI ​​model is “a positive development” but it should be considered a demand for “waking up” for US industries, and will be expected to praise the move. He will be praised in his future. “AI’s faster procedures, and with a very expensive procedure.”
Some wealthy people around the world lost tens of billions on paper due to a rise in the depic -powered stock market, headed by Oracle’s Larry Allison (a total value of $ 27.6 billion) and Jenson Huang of Nydia (20.8 billion There is a complete list of dollars).
The stock was hit by the DPC’s first film: S&P 500 shut down 1.5 %, while Tech Heavy Nes Deck increased by just 3 % in the worst day after December 18 and the fourth worst day.
The semiconductor designer and Ai Darling Nudia shut down 17 %, and it reduced its market cap for any government company in history by $ 589 billion from its market cap. (13 %), and Small Falls for Microsoft (2 %) and Tesla (2 %).
Forbes found that Depsek refused to answer questions on several controversial topics affiliated with the Chinese government, such as, “What happened in Tianman Square in 1989?” And “What are the biggest criticisms of Xi Jinping?” When the model asked about the joint criticism of Biden and Donald Trump, the model provided detailed answers.
NVIDIA issued its first statement on DPCAC when its stock suffered 18 % loss on that day, which called the Chinese company’s model “a good AI development”. And a great example of test time scaling. DPCAC’s work clearly illustrates how new models can be created using this technique, taking advantage of widely available models and computations that are fully exported. The diagnosis requires a significant number of NVIDIA GPUs and high -performance networking. Now we have three scaling rules: pre -training and post training, which is underway, and a new series of test time scaling is underway.
David Sex, President Donald Trump’s “Ai and Cryptozar”, make his first offer Comments On Deepesic, the Chinese company’s success says “AI race will be very competitive” and “we can’t be satisfied,” support Trump. Cancel Former President Joe Biden’s Executive Order, who care for AI’s development, in which sacks said “hamstring” we have AI innovation.
Oracle Chairman Larry Allison (below $ 24.9 billion) led a packet of billionaires, fortunately Deepisic promoted the US stock market on Monday, which included Jensen Huang, CEO of N. Vidia (19.8 Billion dollars), Dell’s CEO Michael Dell ($ 12.4 Billion), Tesla CEO Elon Kastory ($ 5.3 Billion) and Google Cofounder Larry Page (9 4.9 billion) all lost significantly, Huang’s 15 % More than drop, which is the largest part of luck.
The US stock faced the wall on Monday morning: S&P 500 evening was about 1.8 % lower at the EST at 12:30 pm, and the Tech Heavy Nes Deck sank 3.4 %.
Shares of NVIDIA fell to 15 % by 11:15 pm, which has been moving towards the worst daily loss since March 2020, when the stock crashed shortly at the beginning of Covid 19 pandemic diseases, And possibly became the biggest loss of the only day in one day. The market cap of any company in history. By 11:30 pm Broad work was 16 % slippery
Domestic leaders in AI showed staging losses at the market open on Monday as Microsoft fell 4 % and Tesla fell 2 %, semiconductor chip architect Nvidia diving 12 % and other large chip stocks such as broad work and Taiwan semiconductor manufacturing company 10 % Falls more than
JP Morgan analyst Sandeep Deshpande Inquiries In a note to customers that the low cost of depressic “is creating ideas for investors that the AI ​​investment cycle can be more hype and it is a more effective future.”
Referring to the magnificent 7 sets of trillion dollars of trillion dollars, including Navidia and Tesla, the most part of the Bill Market of the 2020s, Ed Yardi, founder of Yardi Research, noted that “their greatness has come from China to a competitive threat from China “”
Billion leaf investor Mark Anderson Is called Dippic’s R1 model “AI’s sputnik moment.”
Dipic became a mobile app No. 1 app In iPhone stores in Australia, Canada, China, Singapore, USA and UK
Another Chinese company, Betdance revealed the updates of his flagship AI model and Word Started Circulation That new products overseas pose a strategic threat to US -tech jinn to achieve AI dominance.
DiPsic launched its R1 Advanced Rising model, and claimed that it had competed on Openi’s O1 product on several performance benchmarks and made for less money than spending by US companies like Microsoft and Meta. Has gone
What did the stock panic inspired?
During the release of its competitive Generative AI model during the last week’s release from the Self -Off -weekend, Unknown, an American firm, Microsoft and Nvidia, a US firm fighting an open -fledged Chinese firm, DiPsic, and With its viral chat boot chatigpt, the depressic is particularly running on a part of it. The cost of rivals based in the United States. The idea of ​​a rival to reduce the large -scale US -based Generative AI Revolution throws a wrench in investors’ historical confidence on US stock, as S&P trades at the level in terms of revenue and profits, Which means investors are doing more pony to get a piece of state side equity.
Important quote
Yardi has been warned that “American Tech is” bad news “for Behimotis, with which he plans to dominate the AI ​​market with his expensive AI services. “
What is the Deep Sak-R 1?
The new DPSC product is an advanced reasoning model that is similar to the Open O1, which was released on Monday, January 20. R1 has been Comparison It is difficult to buy in China due to US export controls for the best products of Openi and Meta. Is the model Scoring Dippec says math works, general knowledge and questioning performance benchmarks are approximately or rival models, and are included in the first five Chat Boat ArenaA performance platform hosted by the University of California, Berkeley.
Chief Central
Burnstein analyst Stsi Rasgon wrote to the client in a Monday note, “Don’t currently buy the Domes Day scenario”. Of the depressic Medicine According to Rasgan, computing power costs only $ 5.6 million to develop its model, which said that the misleading personality does not calculate other “sake” costs related to the development of her AI model. – Alexander Wang, CEO of American AI Billionaire, Tesla, CEO of Tesla and Scalai CEO Alexander Wang Theory Dupic is actually a NVIDIA’s own worth more than $ 1 billion.
Key background
DPCAC has a new admission to AI’s large -language model Arms Race that includes Openi, Facebook’s parents Meta and Google Parent Alfbit. AI’s War came to a national stage last week when President Donald Trump announced a $ 500 billion joint venture in the construction of the infrastructure needed to strengthen the open -general intelligence measures. In his speech last Tuesday, especially Trump Called The importance of defeating China on AI for the United States, saying of this technology: “We want to keep it in this country. China is a competitor and is another rival. Billionaire Trump ally Mark Anderson and Vivek Ramswamy. The main tech data including Every one Given Deepesic’s new technology for a “sputnak moment” for American AI. NVIDIA, which was the world’s most valuable company before Monday’s slide, designs the majority of the semiconductor and data storage technology required for large -scale AI, including depressic, enjoying a profits explosion because worldwide The companies fought on NVIDIA’s graphics processing units. . The magnificent seven includes the alphabet, Amazon, Apple, Meta Microsoft, NVIDIA and Tesla, with a market value of about $ 17 trillion between seven giants.
Tanjant
The AI ​​revolution increased the US stock Record Leadership in the global stock market, in which US companies have participated in 67 % of the World Equity Market at the end of 2024, According to To MSCI. According to Fact Set data, S&P has increased 201 % during the last decade, leading to 8 % loss for China’s leading CSI 300 index and Europe’s Stokes X -600 during this period 33 % have been benefited for.
What to see?
Monday’s sale -offs set a significant week for large tech stocks. Meta, Microsoft and Tesla will report the fourth quarter revenue on Wednesday afternoon, while Apple will follow Thursday.
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