Nvidia drops $600B off its market cap amid the rise of DeepSeek

DeepSeek, a Chinese language AI startup, turned the discuss of the proverbial AI city when it launched its R1 mannequin on Friday. R1’s performance and accuracy in comparison with its U.S. counterparts, regardless of utilizing fewer sources and fewer compute energy, looks like a win for the general AI trade. However it isn’t essentially excellent news for everybody. […]

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