DeepSeek spells crisis for American AI companies, starting with Nvidia’s $500 billion landslide

DeepSeek, whose chatbot became the top-rated free application on Apple's U.S. App Store, said it spent only $5.6 million developing its model—peanuts when compared with the billions US tech giants have poured into AI.

Jan 27, 2025 - 19:22
 0
DeepSeek spells crisis for American AI companies, starting with Nvidia’s $500 billion landslide
DeepSeek, whose chatbot became the top-rated free application on Apple's U.S. App Store, said it spent only $5.6 million developing its model—peanuts when compared with the billions US tech giants have poured into AI. Read More