China's new DeepSeek R1 language model has been shaking things up by reportedly matching or even beating the performance of established rivals including OpenAI while using far fewer GPUs. Nvidia's response?
Got the impression that a bazillion dollar's worth of GPUs are required to run a cutting-edge chatbot? Think again. Matthew Carrigan, an engineer at AI tools outfit HuggingFace, claims that you can run the hot new DeepSeek R1 LLM on just $6,
Technology stocks were rocked to their core Monday after claims made by a Chinese start-up threatened to upend the existing artificial intelligence (AI) paradigm.
DeepSeek’s AI models reportedly rival OpenAI’s for a fraction of the cost and compute.
In what marks the largest single-day drop in stock market history, Nvidia's valuation has been hit by China's answer to ChatGPT.
Chinese AI startup DeepSeek's release of new AI models spurred a selloff in U.S. tech stocks, but some investors think the competitive concerns may be overblown.
Shares for leading US chip firm Nvidia dropped by almost 17% on Monday after the emergence of DeepSeek stunned Silicon Valley.
The DeepSeek chatbot, known as R1, responds to user queries just like its U.S.-based counterparts. Early testing released by DeepSeek suggests that its quality rivals that of other AI products, while the company says it costs less and uses far fewer specialized chips than do its competitors.
NVIDIA, the world's most valuable company until Monday, lost $600 billion of market value in a single day, the biggest in US stock history.
The emergence of China-based AI app DeepSeek sent shares plummeting on Monday for many U.S. tech giants, including chipmaker Nvidia and AI-backer Microsoft.
The Chinese startup DeepSeek has sent shockwaves throughout the AI world with the release of its less-resource-intensive AI chatbot, calling into question the amount of power and financial investment needed to develop the technology.