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Nvidia CEO Jensen Huang says market got it wrong about DeepSeek's impact

Nvidia CEO Jensen Huang believes the market misunderstood DeepSeek's impact on AI technology.
Huang noted that DeepSeek's R1 model will create demand for computing power.
Despite a $600 billion loss in Nvidia's market cap, the stock has almost fully recovered and will report earnings soon.
DeepSeek plans to release five code repositories for an 'open source week' next week.

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DNyuz

What Nvidia’s CEO thinks about DeepSeek ahead of earnings

Nvidia (NVDA-3.57%) chief executive Jensen Huang doesn’t have hard feelings for Chinese artificial intelligence startup DeepSeek. After the Hangzhou-based AI startup spooked investors in January, Nvidia’s stock plunged 17%, wiping out nearly $600 billion in value — a record loss for a U.S. company — amid a global selloff of tech stocks. In December, DeepSeek said it used a cluster of just under 2,050 of Nvidia’s reduced-capability H800 chips to …

1 day ago

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TechCrunch

Nvidia CEO Jensen Huang says market got it wrong about DeepSeek's impact

Huang, the founder and CEO of Nvidia, said he thinks the release of DeepSeek's open source model is "incredibly exciting."

1 day ago·United States

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Quartz

What Nvidia CEO Jensen Huang thinks about DeepSeek

Nvidia (NVDA) chief executive Jensen Huang doesn’t have hard feelings for Chinese artificial intelligence startup DeepSeek.Read more...

2 days ago·United States

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Business Insider

Nvidia CEO Jensen Huang directly addresses the DeepSeek stock sell-off, saying investors got it wrong

Nvidia CEO Jensen Huang discusses the investor reaction to DeepSeek at a virtual vendor event.Courtesy of DDNInvestors misinterpreted DeepSeek's AI advancements, Nvidia CEO Jensen Huang said.DeepSeek's large language models were built with weaker chips, rattling markets in January.Huang emphasized the importance of AI post-training in a pre-taped interview released Thursday.Investors took away the wrong message from DeepSeek's advancements in AI…

2 days ago·United States

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theGeek.games

Nvidia Finally Addresses the DeepSeek Controversy

TECH NEWS – Jensen Huang, CEO of Nvidia, has responded after a surprisingly long time to the fact that Chinese artificial intelligence has thoroughly eroded a large chunk of Nvidia’s stock market value. The release of DeepSeek’s R1 AI models was a huge milestone for the AI markets, but it was an ugly day for the company. The company’s market value fell by $600 billion and Nvidia CEO Jensen Huang lost more than 20% of his net worth, clearly sho…

13 hours ago

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Wall Street Pit

Nvidia’s Huang: DeepSeek Isn’t a Threat but a Catalyst - Wall Street Pit

Nvidia (NVDA) CEO Jensen Huang, at a Thursday virtual event, dismissed the $600 billion market cap drop after DeepSeek’s R1 release as a misinterpretation, arguing that post-training methods needing robust computing power keep Nvidia’s chips vital. DeepSeek’s cost-efficient, open-source AI model sparked a sell-off, but Huang hailed its global energizing…

13 hours ago

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