Reported about 12 hours ago
Nvidia's CEO Jensen Huang dismissed concerns regarding the future demand for AI infrastructure based on Chinese startup DeepSeek's R1 AI model, asserting that the need for more computing power will only grow. At a recent investor meeting, he emphasized that the understanding of the R1 model was flawed, and Nvidia aims to encourage industries to invest in AI technology, despite increased scrutiny from investors over spending on infrastructure.
Source: YAHOO