Why Nvidia investors are spooked by Chinese AI upstart DeepSeek
Chinese tech champion Huawei has emerged as Nvidia’s primary competitor in China for inference chips. The Financial Times has previously reported that it has been working with AI companies, including DeepSeek, to adapt models trained on Nvidia GPUs to run inference on its Ascend chips.
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.
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DeepSeek, the Chinese AI startup, has caused a stir in Silicon Valley with the launch of its ChatGPT-like AI model at a ...
Pat Gelsinger, former Intel CEO, shares his thoughts on DeepSeek's low-cost AI innovation and its market impact. Despite ...
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