Nvidia (NASDAQ: NVDA) and other AI stocks plunged on Monday, Jan. 27, as investors responded to the threat from DeepSeek, the Chinese AI chatbot that rivals top models like ChatGPT for a fraction of ...
Wall Street shocked by DeepSeek AI's low-cost, high-performance model using reduced-capacity Nvidia GPUs. Competitors take a hit, but potential for innovation and affordability in AI technology.
In the meantime, the Wall Street Journal reported that DeepSeek claims that its R1 and V3 models performed better than or close to ChatGPT. DeepSeek's success has occurred despite export curbs, ...