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Business & Economics

Bay Area tech billionaires take financial hit following app rollout

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DeepSeek, another generative AI chatbot that answers queries like ChatGPT, says that its latest free app, R1 , is already “rivaling” its biggest competitor while using far fewer — and cheaper — resources.

Nvidia co-founder Jensen Huang lost $20 billion of his net worth after the U.S. stock market crash Monday .

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