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.
DeepSeek's AI breakthrough makes US rethink NVIDIA H20 chip exports
NVIDIA felt the market's brunt with a single-day loss of 17% on January 27, which tanked its value by $593 billion overnight, marking a record one-day loss for a Wall Street stock. The decline was largely due to the emergence of DeepSeek—a Chinese AI start-up providing low-cost alternatives for tasks.
The tech industry has had an insatiable appetite for Nvidia’s chips over the last two years. But the feast may be over sooner ...
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DeepSeek's AI breakthrough bypasses Nvidia's industry-standard CUDA, uses assembly-like PTX programming insteadD eepSeek made quite a splash in the AI industry by training its Mixture-of-Experts (MoE) language model with 671 billion ...
It might be a tough message to take on board on the day Nvidia Corp. shed over $600 billion in market cap, but DeepSeek's ...
DeepSeek stunned the tech world with the release of its R1 "reasoning" model, matching or exceeding OpenAI's reasoning model ...
Chinese tech champion Huawei has emerged as Nvidia’s primary competitor in China for inference chips. The Financial Times has ...
B AI model on its wafer-scale processor, delivering 57x faster speeds than GPU solutions and challenging Nvidia's AI chip dominance with U.S.-based inference processing.
Nvidia's remarkable rise in the stock market stumbled after a reported breakthrough by DeepSeek, a Chinese competitor.
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Nvidia Faces Major Losses As DeepSeek's AI Breakthrough Triggers Massive Sell-Off in U.S. Tech SectorDeepSeek, a young Chinese AI startup, triggered a steep sell-off in U.S. tech stocks Monday as its cost-effective AI models ...
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