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.
Chinese startup DeepSeek has debuted an AI app that challenges OpenAI's ChatGPT and other U.S. rivals, sending a shock ...
Despite the negative financial impact, Nvidia praised DeepSeek’s breakthrough. “DeepSeek is an excellent A.I. advancement and ...
Brian Colello at Morningstar maintained his target price of $130 per share on Nvidia stock following the DeepSeek news. "We ...
According to a paper authored by the lab, the DeepSeek-R1 model outperforms cutting-edge models such as OpenAI’s o1 and ...
Nvidia on Monday said Chinese AI firm DeepSeek's advances show the usefulness of its chips for the Chinese market and that ...
China’s DeepSeek says it trained an AI model for less than $6 million. This is as big U.S. tech companies have poured ...
While companies like DeepSeek may find success in certain market segments, they face an uphill battle against this massive ...
After a market-wide panic over AI start-up DeepSeek, CNBC’s Jim Cramer reflected on what the new player’s entrance into the ...
Global investors are worried the emergence of a low-cost Chinese AI model will threaten the dominance of AI leaders.
In a matter of days, DeepSeek proved to be so popular as to climb to the top of Apple's App Store, surpassing OpenAI's ...
Nvidia is a leader in AI and gaming tech, but its stock drop has many wondering what’s next. Here’s a look at what Nvidia ...
DeepSeek has shaken up the AI world, raising questions about its capabilities, and security risks. But the future of AI still ...
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