Voice Of Entrepreneur | DeepSeek low-cost AI impact on NVIDIA Chandigarh
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- Location: Chandigarh, Chandigarh, India
According to Intel CEO Pat Gelsinger, DeepSeek’s low-cost AI innovation and its market impact are noteworthy. Gelsinger remains optimistic that artificial intelligence will advance and that new concepts will emerge in the field, despite the decline in Nvidia’s stock price.
Last week, the Chinese AI startup DeepSeek made headlines in the IT industry with their inexpensive AI assistant, which is allegedly 20–50 times less expensive to train and run than OpenAI’s models. The news had a significant effect on the stock market; investors were concerned that there might be less demand, which caused Nvidia’s market value to drop by up to $600 billion.
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