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 most downloaded free app in the US.
The tech giants are keeping capital spending plans in line as DeepSeek raises questions about future computing needs.
The GPU giant laid out a very smart approach to agentic AI earlier this month at CES, but it could do more to clarify its ...
Global investors are worried the emergence of a low-cost Chinese AI model will threaten the dominance of AI leaders.
Nvidia Corp., the biggest provider of chips used to train artificial intelligence software, said a new model released by ...
American AI stocks got sucker punched after China's DeepSeek app reportedly showed advancements against rivals sending ...
Nvidia, which soared to the top of the stock market by selling the computer chips fueling the world’s artificial intelligence ...
Investors spent much of 2024 looking for less crowded trades set to gain from the AI boom. This week many of those names got ...
U.S. stocks recovered some ground on Tuesday after getting hammered by fears over China's DeepSeek AI model built on a ...
When OpenAI released ChatGPT in 2022, companies started spending billions on GPUs to train AI models. Nvidia led the market ...
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