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NVIDIA suffers record wipeout on DeepSeek fears
Jensen Huang lost close to 20% of his net worth on Monday after DeepSeek roiled the AI industry
Nvidia CEO Jensen Huang's net worth fell from $121 billion to around $100 billion on Monday, per the Bloomberg Billionaires Index.
Nvidia suffers record wipeout on DeepSeek fears — as CEO Jensen Huang’s net worth tanks
US chip giant Nvidia and its CEO Jensen Huang are set for a record wipeout on Monday after Chinese startup DeepSeek upended the tech sector with its advanced new artificial intelligence model.
The Nvidia stock rout sent CEO Jensen Huang's net worth plummeting $18 billion
Nvidia ( NVDA) CEO Jensen Huang’s net worth plunged $18 billion Monday as the chipmaker’s stock continues to free fall. Huang was worth $106.3 billion as of Monday morning, down nearly 15%, according to Forbes Real-Time Billionaires list. Huang has an approximately 3% stake in Nvidia.
China, DeepSeek and AI
Inside China, DeepSeek Provides a National Mic Drop Moment
Social media exploded in a celebration after the news that a Chinese start-up had made an artificial intelligence tool that was more efficient than any in the United States.
China’s DeepSeek disrupts American plans for AI dominance
The sudden rise of Chinese AI app DeepSeek has leaders in Washington and Silicon Valley grappling with how to keep the U.S. ahead in the crucial technology.
What Is China’s DeepSeek and Why Is It Freaking Out the AI World?
DeepSeek, a Chinese artificial-intelligence startup that’s just over a year old, has stirred awe and consternation in Silicon Valley after demonstrating AI models that offer comparable performance to the world’s best chatbots at seemingly a fraction of their development cost.
3h
on MSN
DeepSeek Panic Live Updates: Nvidia Stock Pulls Back Again With 5% Drop
Nvidia shares' 9% recovery Tuesday was the second-best day in terms of market cap added for any company ever, trailing only a ...
10h
on MSN
World’s richest people lose US$108 billion after DeepSeek sell-off
The world’s 500 richest people, led by Nvidia Corp. co-founder Jensen Huang, lost a combined US$108 billion on Monday as a ...
1d
Jensen Huang Loses $20B In Wealth: How DeepSeek Hit Nvidia Stock And World's Richest People
Jensen Huang and Nvidia both saw their values hit hard Monday as investors digested the impact of Chinese AI company DeepSeek ...
1d
DeepSeek demolishes Nvidia stock, CEO loses $20 billion in a day: Why was the tech giant worst hit?
The surprise success of China’s AI startup, DeepSeek, led to tech stocks being hammered in the US market. Nvidia, the leading ...
1d
World’s richest people led by Nvidia co-founder Jensen Huang lose $145b after DeepSeek sell-off
NEW YORK – The world’s 500 richest people, led by Nvidia co-founder Jensen Huang, lost a combined US$108 billion (S$145 ...
21h
“Everything that moves will be robotic”: Nvidia CEO Jensen Huang says robots and self-driving cars are just around the corner
"A future where you’re just surrounded by robots is for certain," Huang says. Is this something to look forward to, or ...
1d
on MSN
How China’s DeepSeek’s rise cost the world’s richest $108B in a day
Tech billionaires lost around $100 billion as Chinese AI disruptor DeepSeek challenges Silicon Valley with a low-cost chatbot ...
1d
on MSN
Nvidia, stock indexes rebound a day after DeepSeek tech wipeout
After plunging 17% on Monday, Nvidia looks set to recover on Tuesday, with its stock up 5% in premarket trade.
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