Nvidia Ends Up Losing Massive $600 Billion After Chinese AI DeepSeek Create Ripples In Market
28 Jan 2025
Nvidia, the prominent US chip-maker, led a significant downturn in tech stocks on Monday after reports surfaced about a low-cost generative AI model from China, raising concerns about its impact on American dominance in the AI industry. The AI chatbot, developed by DeepSeek, a startup based in Hangzhou, China, has...
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