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.
Top of the line GPUs. DeepSeek has said it has access to 10,000 of Nvidia’s older generation A100 GPUs—chips that were ...
Shares in AI-focused American tech giants, including Nvidia and Microsoft, fell on Monday after a China LLM shocked Silicon ...
U.S. companies were spooked when the Chinese startup released models said to match or outperform leading American ones at a ...
Scrapping export restrictions on top-of-the-line GPU chips because of DeepSeek's s AI success would hand China a major win, ...
Nvidia called DeepSeek’s R1 model “an excellent AI advancement,” despite the Chinese startup’s emergence causing the ...
The startup has said its models either match or outperform rivals at a fraction of the cost, challenging the view that AI ...
Flyer, built a 100 billion yuan ($13.79 billion) portfolio using artificial intelligence models to make investment decisions, ...
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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