Now what? Nvidia, Silicon Valley try to recover from DeepSeek juggernaut
If necessity is the mother of invention, then the United States' biggest artificial intelligence investors are rethinking where they put a bulk of their combined $131.5 billion last year in the wake of the debut of China's open-source AI model, DeepSeek.
What Silicon Valley Leaders Are Saying About China’s A.I. Miracle DeepSeek
The company’s self-claimed ability to create advanced A.I. models on the cheap spooked investors betting on American A.I. giants. Nvidia shares tumbled 17 percent today (Jan. 27). Stocks of AMD, Alphabet (GOOGL) and Microsoft (MSFT) also fell.
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