Nvidia short bets rake in over $6 billion in profits after DeepSeek panic
Short sellers of artificial intelligence-related stocks raked in bumper profits after the smashing debut of low-cost AI models from China's DeepSeek spooked Wall Street, with bets against Nvidia yielding record profits totaling more than $6 billion.
Nvidia called DeepSeek's R1 model "an excellent AI advancement," despite the Chinese startup's emergence causing the chip ...
Scrapping export restrictions on top-of-the-line GPU chips because of DeepSeek's s AI success would hand China a major win, ...
The startup has said its models either match or outperform rivals at a fraction of the cost, challenging the view that AI ...
Joe Biden made several attempts to curb Chinese AI advancement, but DeepSeek's launch has put those policies into question.
India's IT minister on Thursday praised DeepSeek's progress and said the country will host the Chinese AI lab's large ...
Nvidia said in a statement it is "ready to work with the administration as it pursues its own approach to AI." ...
Shares in AI-focused American tech giants, including Nvidia and Microsoft, fell on Monday after a China LLM shocked Silicon ...
While AI stocks may rebound from their DeepSeek-induced market sell-off, the U.S. clearly faces a threat from China in ...
Top of the line GPUs. DeepSeek has said it has access to 10,000 of Nvidia’s older generation A100 GPUs—chips that were ...
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