TL;DR: NVIDIA’s stock dropped 17% after Chinese start-up DeepSeek launched its R1 model. NVIDIA has since responded to this development.
NVIDIA has responded to the recent unveiling of DeepSeek’s R1 model, which wiped approximately $1 trillion…
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https://www.tweaktown.com/news/102857/nvidia-breaks-silence-after-biggest-single-day-loss-of-any-company-in-history/index.html