“DeepSeek’s work illustrates how new models can be created using that technique, leveraging widely-available models and compute that is fully export control compliant,” Nvidia (NVDA) said in its statement to Reuters on Monday after its shares tumbled amid investor concerns that China’s DeepSeek had matched rivals such as OpenAI using far fewer Nvidia chips than U.S. competitors.
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Read More on NVDA:
- Citigroup Reiterates “Buy” Rating on Nvidia (NVDA) Stock as it Falls 18%
- Chinese AI Startup DeepSeek Gets Hit by Cyberattacks
- AI Daily: DeepSeek limits registrations, sends U.S. tech stocks sliding
- Musk and Scale AI’s CEO Suggest that DeepSeek Has More NVDA Chips than Expected
- China’s DeepSeek sinks tech, AT&T reports Q4 beat: Morning Buzz
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