Reported 2 days ago
Nvidia announced that advances made by the Chinese AI firm DeepSeek underscore the increasing need for its chips in China, especially as DeepSeek manages to use fewer Nvidia chips than rivals like OpenAI. Following a significant drop in Nvidia's shares, the company emphasized that DeepSeek's work demonstrates the potential for new AI models, indicating a strong future demand for its GPUs as the firm faces challenges from a surge in new users. Despite U.S. export controls, experts believe that DeepSeek has been effectively building on previous knowledge and would excel even further with more access to computational resources.
Source: YAHOO