Nvidia Praises DeepSeek’s Breakthrough Despite Losing $500B in Market Cap Because of It
Despite the negative financial impact, Nvidia praised DeepSeek’s breakthrough. “DeepSeek is an excellent A.I. advancement and a perfect example of test time scaling,” a company spokesperson told Observer in a statement.
Market panic over DeepSeek? Why Nvidia's $500 billion drop is pure hysteria
While companies like DeepSeek may find success in certain market segments, they face an uphill battle against this massive capital advantage. In other words, claims that demand for Nvidia's premium chips will collapse simply don't align with market realities and the trajectory of AI development.
Nvidia, AI
U.S.-listed shares of tech giants are gaining some lost ground this morning after a China-based startup shocked the AI world ...
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Nvidia shares' 9% recovery Tuesday was the second-best day in terms of market cap added for any company ever, trailing only a ...
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DeepSeek: China’s cheap AI melts NVIDIA’s $600 billion, tanks $1 trillion from US techNVIDIA, the world's most valuable company until Monday, lost $600 billion of market value in a single day, the biggest in US ...
A new Chinese AI model threatens to diminish the need for Nvidia’s most-expensive chips, but some say the concerns are ...
The DeepSeek technology has the potential of bringing more people into world of AI and expanding the transformative power of ...
Yet if fast followers such as DeepSeek can eat away at that lead for a fraction of the cost, then those profits are at risk.
That all changed Monday when the market went into full meltdown over DeepSeek AI. The China-based company sent Wall Street ...
Nvidia stock is losing ground today amid multiple bearish catalysts related to the DeepSeek R1 artificial intelligence ( AI) model that was released last week. For starters, investors are weighing the ...
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