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

01:23 28.01.2025
DeepSeek, a Chinese AI startup, became the talk of the proverbial AI town when it released its R1 model on Friday. R1’s functionality and accuracy compared to its U.S. counterparts, despite using less resources and less compute power, seems like a win for the overall AI industry. But it isn’t necessarily a good news for […] © 2024 TechCrunch. All rights reserved. For personal use only....
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