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.
The startup has said its models either match or outperform rivals at a fraction of the cost, challenging the view that AI ...
Shares in AI-focused American tech giants, including Nvidia and Microsoft, fell on Monday after a China LLM shocked Silicon ...
Scrapping export restrictions on top-of-the-line GPU chips because of DeepSeek's s AI success would hand China a major win, ...
Joe Biden made several attempts to curb Chinese AI advancement, but DeepSeek's launch has put those policies into question.
China’s DeepSeek says it trained an AI model for less than $6 million. This is as big U.S. tech companies have poured ...
U.S. President Donald Trump's administration is considering tightening restrictions on artificial intelligence leader ...
Elon Musk doubts DeepSeek's claims about their AI capabilities, suspecting they possess significantly more Nvidia GPUs than ...
US stocks fall after the Fed held rates steady but suggested the inflation drop has stalled. Meta, Tesla and Microsoft report ...
Flyer, built a 100 billion yuan ($13.79 billion) portfolio using artificial intelligence models to make investment decisions, ...
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