Nvidia loses nearly $600 billion in market value after Chinese AI ...
Jan 27, 2025 · Nvidia loses nearly $600 billion in market value after Chinese AI startup bursts onto scene With Monday’s losses, Apple has retaken the title of world’s most valuable company and Nvidia’s ...
DeepSeek: The Chinese AI app that has the world talking - BBC
2 days ago · A Chinese startup has built a low-cost AI model using less technologically advanced chips. ... Nvidia's stock price plunged 17% on Monday before it began to recover on Tuesday.
What is DeepSeek, and why is it causing Nvidia and other stocks …
Jan 27, 2025 · New Chinese AI app Deepseek impacting stock prices of Bay Area tech companies 04:16. ... But, Nvidia added, AI inference, or using AI models to make decisions or predictions, "requires significant ...
China's DeepSeek AI Model Shocks the World: Should You Sell Your Nvidia …
Jan 27, 2025 · China AI startup DeepSeek just released its R-1 model that compares favorably with OpenAI's o1 reasoning model. DeepSeek claims to have trained R1 at a fraction of the cost of o1 and Meta's Llama...
Why the markets are freaking out about Chinese AI newcomer …
Jan 28, 2025 · A Chinese company’s claim of a $5.6 million artificial intelligence breakthrough wiped almost $600 billion from Nvidia’s market value on Monday, shattering Wall Street’s confidence that tech ...
Nvidia faces a reckoning as Chinese upstart raises questions …
Jan 28, 2025 · Nvidia became a household name as its stock more than tripled in 2023 and then more than doubled in 2024. Investors and analysts lauded CEO Jensen Huang as the “Godfather of AI.” Nvidia grew into a $3 trillion-plus behemoth and traded places with titans like Apple to become the most valuable company on Wall Street.
Nvidia shares sink as Chinese AI app spooks markets
Jan 27, 2025 · 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.
Nvidia shares fall 17% as Chinese AI startup DeepSeek triggers …
Jan 27, 2025 · Shares of Nvidia, a key player in AI-driven chip design and a significant beneficiary of the AI boom, plummeted 11.8% before the opening bell on Monday.
What’s DeepSeek, China’s AI startup sending shockwaves through …
Jan 28, 2025 · Chip giant Nvidia shed nearly $600bn in market value after Chinese AI model cast doubt on supremacy of US tech firms. DeepSeek, which is based in Hangzhou, was founded in late 2023 by Liang ...
Nvidia loses nearly $600 bn in value as Chinese AI firm jolts tech …
Jan 27, 2025 · The Nasdaq fell 2.7% as a Chinese AI start-up, DeepSeek, emerged as a significant competitor to US tech giants, impacting companies like Nvidia, which lost over $400 billion in market value. DeepSeek's AI model, developed for just $5.6 million, challenges US tech dominance by offering comparable capabilities at a lower cost.