DeepSeek damage: On Jan 27, Nvidia lost combined networth of Starbucks, PepsiCo, McDonald's and Target
1 month, 3 weeks ago

DeepSeek damage: On Jan 27, Nvidia lost combined networth of Starbucks, PepsiCo, McDonald's and Target

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The steep drop followed a big development from a Chinese startup, DeepSeek. It announced it had created a large-language model capable of matching ChatGPT and other US rivals while using significantly less computing power DeepSeek's claims of having developed an AI for a fraction of the cost it has taken for Western developers had led to chipmaker Nvidia's stock registering losses. Investors and analysts hailed CEO Jensen Huang as the “Godfather of AI” as Nvidia’s market capitalisation surged past $3 trillion, briefly making it the most valuable company on Wall Street, ahead of Apple and Microsoft. DeepSeek’s announcement raised fears that AI computing costs could drop, reducing the need for companies to spend as heavily on Nvidia’s chips. If DeepSeek’s advancements make AI more accessible and affordable, it could drive new innovations across the industry– potentially creating more opportunities for Nvidia in the long run.

History of this topic

Why did China give away DeepSeek free, what's the game here?
1 week ago
Chinese Companies Rush to Put DeepSeek in Everything
1 week, 4 days ago
Investors want a piece of DeepSeek. Its founder says not now.
1 week, 6 days ago
Chinese AI is following a familiar playbook. US firms should worry.
2 weeks, 2 days ago
DeepSeek’s market disruption must awaken India
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China's DeepSeek claims theoretical cost-profit ratio of 545% per day
2 weeks, 6 days ago
DeepSeek says it could earn 5 times more than what it spends: What does it mean
3 weeks, 1 day ago
DeepSeek's breakthrough casts shadow on US tech supremacy
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How Nvidia adapted its chips to stay ahead of an AI industry shift
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Nvidia sales boosted by rise in AI models that ‘reason’
Trending News
3 weeks, 3 days ago
DeepSeek cuts off-peak pricing for developers by up to 75%
3 weeks, 3 days ago
DeepSeek cuts off-peak pricing for developers by up to 75%
3 weeks, 3 days ago
DeepSeek rushes to launch new AI model as China goes all in
3 weeks, 4 days ago
Nvidia doubled profits in 2024. And its outlook is rosy despite AI jitters
3 weeks, 5 days ago
How DeepSeek’s AI models gave NVIDIA's H20 chips a major boost in China, sent demand rocketing
Top News
3 weeks, 5 days ago
How DeepSeek’s AI models gave NVIDIA's H20 chips a major boost in China, sent demand rocketing
Top News
3 weeks, 5 days ago
Nvidia's H20 chip orders jump as Chinese firms adopt DeepSeek's AI models, sources say
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3 weeks, 5 days ago
DeepSeek a wake-up call for global AI industry
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3 weeks, 6 days ago
Chinese AI companies celebrate DeepSeek, shrug off global curbs
1 month ago
Nvidia has leapt back into the AI game as panic over DeepSeek ebbs
1 month ago
Lenovo’s Profit Beats Estimates as AI Fuels PC Recovery Hopes
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DeepSeek did Nvidia a favor
1 month ago
Amid DeepSeek frenzy, Chinese companies detail use of AI
1 month, 1 week ago
DeepSeek hasn’t just disrupted OpenAI. Chinese tech giants are being upended too
1 month, 2 weeks ago
DeepSeek hasn’t just disrupted OpenAI. Chinese tech giants are being upended too
1 month, 2 weeks ago
How China’s DeepSeek example can help India chart its path to Viksit Bharat
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How China’s DeepSeek example can help India chart its path to Viksit Bharat
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Amazon pours fuel on Big Tech spending after DeepSeek panic
1 month, 2 weeks ago
India’s AI Strategy Needs a Titanic Shift: Lessons from DeepSeek and China’s AI Leadership
1 month, 2 weeks ago
Power stocks had been on an AI tear. Then came DeepSeek.
1 month, 2 weeks ago
Opinion: What China’s DeepSeek breakthrough really means for the future of AI
1 month, 2 weeks ago
DeepSeek: Reshaping AI in a West-dominated world
1 month, 2 weeks ago
DeepSeek Impact? OpenAI Chief Sam Altman Does A U-Turn On His Low-Cost AI Stance. Here's What He Said
1 month, 2 weeks ago
Sundar Pichai says DeepSeek is doing ‘very good work’, explains why Gemini has the edge
1 month, 2 weeks ago
This stock has been moving in tandem with Nvidia. How deep do the parallels run?
1 month, 2 weeks ago
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DeepSeek vs Stargate Project: How AI spending is evolving, in charts
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With DeepSeek, are India’s foundational AI model dreams closer to reality?
1 month, 3 weeks ago
US Congress warns employees not to install Chinese AI app DeepSeek: Report
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1 month, 3 weeks ago
US lawmakers urge Trump to push for new curbs on NVIDIA's AI chips after DeepSeek fiasco
1 month, 3 weeks ago
Tim Cook lauds China’s DeepSeek, calls its AI models ‘a good thing’
1 month, 3 weeks ago
Can DeepSeek disrupt hegemony of US tech giants?
1 month, 3 weeks ago
Elon Musk not impressed by DeepSeek's claims, doubts startup’s claims about hardware resources
1 month, 3 weeks ago
Chinese state media blames US for cyberattack that disrupted DeepSeek
1 month, 3 weeks ago
Trump administration considers tighter curbs on Nvidia's H20 chip export to China: Report
1 month, 3 weeks ago
DeepSeek’s breakthrough is a pivotal moment for the democratization of AI
1 month, 3 weeks ago
Anthropic CEO doubts DeepSeek's efficiency claims, says US needs to limit China’s access to all AI chips
1 month, 3 weeks ago
DeepSeek’s ‘Sputnik moment’ exposes holes in U.S. curbs on chip export
Trending News
1 month, 3 weeks ago
DeepSeek AI is the competition America needs
1 month, 3 weeks ago

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