Nvidia short bets rake in over $6 billion in profits after DeepSeek panic
Short sellers of artificial intelligence-related stocks raked in bumper profits after the smashing debut of low-cost AI models from China's DeepSeek spooked Wall Street, with bets against Nvidia yielding record profits totaling more than $6 billion.
Chinese startup DeepSeek has debuted an AI app that challenges OpenAI's ChatGPT and other U.S. rivals, sending a shock ...
Despite the negative financial impact, Nvidia praised DeepSeek’s breakthrough. “DeepSeek is an excellent A.I. advancement and ...
China’s DeepSeek says it trained an AI model for less than $6 million. This is as big U.S. tech companies have poured ...
While companies like DeepSeek may find success in certain market segments, they face an uphill battle against this massive ...
DeepSeek has shaken up the AI world, raising questions about its capabilities, and security risks. But the future of AI still ...
Nvidia stock tumbled after DeepSeek's AI news surfaced in tech circles. Read more about the impact the DeepSeek developments ...
Global investors are worried the emergence of a low-cost Chinese AI model will threaten the dominance of AI leaders.
Nvidia is a leader in AI and gaming tech, but its stock drop has many wondering what’s next. Here’s a look at what Nvidia ...
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DeepSeek: China’s cheap AI melts NVIDIA’s $600 billion, tanks $1 trillion from US techNVIDIA, the world's most valuable company until Monday, lost $600 billion of market value in a single day, the biggest in US ...
American AI stocks got sucker punched after China's DeepSeek app reportedly showed advancements against rivals sending ...
A new Chinese AI model threatens to diminish the need for Nvidia’s most-expensive chips, but some say the concerns are ...
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