Nvidia shares sink as Chinese AI app spooks markets
US tech giant Nvidia lost over a sixth of its value after the surging popularity of a Chinese artificial intelligence (AI) app spooked investors in the US and Europe. DeepSeek, a Chinese AI chatbot reportedly made at a fraction of the cost of its rivals, launched last week but has already become the the most downloaded free app in the US.
Top of the line GPUs. DeepSeek has said it has access to 10,000 of Nvidia’s older generation A100 GPUs—chips that were ...
Nvidia, which soared to the top of the stock market by selling the computer chips fueling the world’s artificial intelligence ...
Dow Jones Futures: AI stock leaders Nvidia, Broadcom and Astera Labs all crashed on DeepSeek fears Monday. A new AI model ...
A chatbot made by Chinese artificial intelligence startup DeepSeek has rocketed to the top of Apple’s App Store charts in the ...
Investors sold technology stocks across the globe on Monday as they worried that the emergence of a low-cost Chinese ...
DeepSeek said it spent only $5.6 million developing its model—peanuts when compared with the billions U.S. tech giants have ...
DeepSeek was created by a top Chinese quantitative trading firm. It’s not unusual for Wall Street quant luminaries to try ...
Mitesh Agrawal is leaving Lambda Labs to head a little known AI hardware startup trying to take on Nvidia.
Nvidia is the gold standard and leading provider of the graphics processing units (GPUs) used to train and run AI systems.
With an actual open source model, China's AI leader just whupped America's AI leader. Can Sam Altman fight back?
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