DeepSeek’s revolutionary AI model has wiped nearly $100 billion from the world’s richest people, including Mark Zuckerberg and Larry Ellison.

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Most Americans are not big fans of Elon Musk and Mark Zuckerberg, the world's two richest men, according to new survey data from Pew Research Center. The majority of respondents (54%) said they had an unfavorable view of Musk,

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The world’s wealthiest individuals, including Elon Musk, Jeff Bezos, and Mark Zuckerberg, face an uphill battle to recover their losses.

Collectively, Chinese AI startup DeepSeek wiped out $94 billion from the pockets of tech billionaires. Oracle's chief technology officer and billionaire Larry Ellison lost about $9 billion.

The rapid growth of Chinese AI company DeepSeek has shaken global tech giants and billionaires. In January, the world's top billionaires saw their collective wealth surge by USD 314 billion, only to experience a sharp decline shortly after,