<ul><li>The stock market selloff sparked by DeepSeek's challenge to US AI dominance has resulted in tech billionaires losing almost $100bn.</li><li>Nvidia's record stock plunge wiped $20.7bn from CEO Jensen Huang's net worth, pushing him down to 17th place in global wealth rankings.</li><li>Larry Ellison, chair of Oracle, recorded a $27.6bn loss in shares, dropping him to the fifth wealthiest man.</li><li>Tech sector titans collectively saw $94bn of wealth evaporate, accounting for 85% of DeepSeek and Nvidia-related losses among the world's 500 wealthiest people.</li></ul>

Tech billionaires lost almost $100bn in stock market selloff sparked by DeepSeek

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