American futures have significantly declined as investors awaited the much-anticipated reports on profits from large tech companies, which have subdued the global market sentiment. According to "Gulf News", global fund indices in Japan and Europe notably dropped at the beginning of the week due to falling stocks of tech companies amid increasing competition from China in the field of artificial intelligence.
At the same time, the company "DeepSea", engaged in artificial intelligence in China, attracted investor attention after unveiling its new model "DeepSea-AR1", which is said to compete with American artificial intelligence systems such as "ChatGPT". This development signifies a significant shift in the market.
