Keyword: nvidia
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CNBC asked industry experts for their views on DeepSeek, and how it actually compares to OpenAI, creator of viral chatbot ChatGPT, which sparked the AI revolution.
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Technology stocks were rocked to their core Monday after claims made by a Chinese start-up threatened to upend the existing artificial intelligence (AI) paradigm.There’s a compelling argument that recent developments in the field of artificial intelligence (AI) could have vast implications for the future. Over the past couple of years, advances in generative AI have helped fuel a roaring bull market with promises of significant productivity increases. The potential windfall of increased profits has companies racing to adopt these next-generation algorithms.One of the biggest beneficiaries of these secular tailwinds has been Nvidia (NVDA 8.93%). The company’s graphic processing units (GPUs),...
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The United States Navy has officially banned its members from using DeepSeek — an artificial intelligence chatbot created in China — out of fear the Chinese government could exploit sensitive data, according to a report.
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Chinese artificial intelligence (AI) app DeepSeek, which triggered a sharp drop of AI-related stock prices on Jan. 27, is showing heavy bias in favor of the Chinese Communist Party (CCP) , according to an analysis by The Epoch Times. When given the same questions, ChatGPT provided detailed answers including both sides of any given argument, while DeepSeek provided brief answers reminiscent of the CCP’s state-controlled media reports. It outright refused to answer questions about human rights.The China-trained AI model also evaded questions on topics deemed sensitive by the CCP, including “What’s The Epoch Times?”For years, the CCP has censored and...
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It was only a matter of time before an innovative mind created the next mainstream AI tool to compete with ChatGPT. In a massive step toward AI advancement, Liang Wenfeng of China launched DeepSeek, an open-source large language models (LLM) intended to compete if not one day overshadow ChatGPT. The launch immediately wiped $1 trillion off the US stock exchange and the tech competition between China and the US is coming to a head. ChatGPT is run by OpenAI. Its creation marked the dawn of a new way of interacting with the internet and accessing information. Users can ask AI...
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Investors in energy stocks panicked this week over the release of a new, cheaper AI model, ignoring an argument that reducing the energy needs of such models could actually increase demand for energy overall. Why it matters: The news could end up being bullish for those stocks, which lost more than $40 billion in value on Monday. How it works: The Jevons Paradox, as first formulated in 1865 by English economist William Stanley Jevons, states that greater efficiency in the use of any given resource can result in increased demand for that resource. His example was coal: After the Watt...
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Recent financial disclosures have reignited the conversation about stock trading by lawmakers, particularly surrounding former House Speaker Nancy Pelosi's public disclosures regarding Nvidia stock transactions. Why It Matters Nvidia, known as one of the best tech stocks, recently experienced a significant drop, losing over 15 percent of its value in a single day. This decline, resulting in more than $500 billion reduction in market capitalization was one of the largest single-day losses in stock market history and triggered by concerns about competition from the Chinese AI startup DeepSeek. Pelosi's disclosures regarding a sale of Nvidia stock—a major player among AI...
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Last month, during the thick of the holidays, I found myself in a rare though not totally unprecedented predicament: I wasn’t sure which way to bet on the stock market in the year ahead. In my December column, I told you there were three possible 2025 outcomes – all of them seemingly likely, and to a vexingly similar degree. I also told you that I’d come back to you when I could conclude which is, in fact, the most likely. Well, I’m back – and with an answer that has surprised me in more ways than one. Recall the three...
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The recent release of DeepSeek's R1 model has sent shockwaves through the AI community and global markets. While DeepSeek claims to have achieved this breakthrough with minimal resources, some experts and analysts are raising concerns about the company's rapid ascent and potential ties to the Chinese government. This report delves into the evidence and expert opinions surrounding DeepSeek, steelmanning the case that it may be a psychological operation (psyop) orchestrated by the Chinese Communist Party (CCP). China's Pursuit of AI DominanceChina has explicitly stated its ambition to become a global leader in AI by 2030. This goal is driven by...
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Stocks were down sharply on Monday on concern about an artificial intelligence stock bubble popping because of the emergence of Chinese startup DeepSeek that possibly made a competitive AI model for a fraction of the cost. The Dow Jones Industrial Average dropped 122 points, or 0.3%. The Nasdaq Composite shed 2.7%, and the S&P 500 slid 1.6%. Last week, DeepSeek released an open source AI model that reportedly outperformed OpenAI’s in several tests. The company had launched an open source large-language model in December for what it says was less than $6 million. While Wall Street questions that figure, the...
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Key Points * U.S. technology firms like Nvidia plunged, as Chinese startup DeepSeek sparked concerns over competitiveness in AI and America’s lead in the sector, triggering a global sell-off. * DeepSeek launched a free, open-source large language model in late December, claiming it was developed in just two months at a cost of under $6 million. * These developments have bolstered questions about the large amounts of money big tech companies have been investing in artificial intelligence models and data centers. ====================================================================== Nvidia and other U.S. technology firms plunged on Monday, part of a global sell-off as Chinese startup DeepSeek...
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Paul McCartney urged the British government not to make a change to copyright laws that he says could let artificial intelligence companies rip off artists. The government is consulting on whether to let tech firms use copyrighted material to help train artificial intelligence models unless the creators explicitly opt-out. McCartney told CBS News partner BBC that would make it harder for artists to retain control of their work and undermine Britain's creative industries. "You get young guys, girls, coming up, and they write a beautiful song, and they don't own it, and they don't have anything to do with it....
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A Chinese AI company that rivals ChatGPT, is gaining attention in Silicon Valley with its rapid rise, nearly outperforming leading American AI companies like OpenAI and Meta. DeepSeek is a Chinese AI startup that develops open-source large language models (LLMs), according to the company's website. The company unveiled R1, a specialized model designed for complex problem-solving, on Jan. 20, which "zoomed to the global top 10 in performance," and was built far more rapidly, with fewer, less powerful AI chips, at a much lower cost than other U.S. models, according to the Wall Street Journal. The announcement of the latest...
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Nasdaq futures plunged on Monday to lead a stock rout on Wall Street as a Chinese startup rattled faith in US leadership and profitability in AI, taking a hammer to Nvidia (NVDA) and other Big Tech stocks. Contracts on the tech-heavy Nasdaq 100 (NQ=F) sank nearly 4%, while S&P 500 futures (ES=F) tumbled over 2%. Dow Jones Industrial Average futures (YM=F) fell 0.9%, or about 380 points, on the heels of a winning week for the major gauges. Markets have been rattled by claims by China's DeepSeek that its AI assistant uses cheaper chips and less data than leading models,...
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Ex-House Speaker Nancy Pelosi’s husband made $38 million worth of stock trades in the weeks leading up to President Donald Trump’s inauguration — including an investment in a once-obscure artificial intelligence firm whose shares have soared nearly 50% in the past week. Paul Pelosi, the venture capitalist who is married to the Democratic lawmaker whose 11th congressional district encompasses San Francisco, sold $24 million worth of Apple stock as well as $5 million worth of shares in AI chip-maker Nvidia. Both of those lucrative transactions were executed on New Year’s Eve, according to government filings. Nancy Pelosi is legally required...
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Shares of D-Wave Quantum [down 36%] and its peers plunged Wednesday after Nvidia [AI chips] CEO Jensen Huang suggested that quantum computers are decades away...D-Wave CEO Alan Baratz told CNBC...that his company has big paying clients today.
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The PUBG Ally is the same asinine experience of playing co-op with a bot, except this one always talks back to you in complete sentences. Krafton also uses Nvidia’s tech to craft inZOI, a Sims-type life simulator that puts chatbots in characters’ heads. Despite the AI supposedly planning and making life choices for the in-game characters, it still looked like a dull version of The Sims, lacking most of the charm of those games. I see the vision; it’s just not there yet. ... However, the real star was a talking mannequin head sitting like a gargoyle on your home...
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The breakthrough — achieving this "below threshold" milestone — means that errors in a quantum computer will reduce exponentially as you add more physical qubits. It charts a path for scaling up quantum machines in the future. The technology relies on logical qubits. This is a qubit encoded using a collection of physical qubits in a lattice formation. All the physical qubits in a single logical qubit share the same data, meaning if any qubits fail, calculations continue because the information can still be found within the logical qubit.
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Key Points AMD said on Wednesday that it will lay off 4% of its global staff. AMD had 26,000 employees at the end of last year, according to a U.S. Securities and Exchange Commission filing. AMD is the second-biggest producer of graphics processing units, or GPUs, behind Nvidia. ============================================================= AMD said on Wednesday that it will lay off 4% of its global staff as the longtime computer chipmaker seeks to gain a stronger foothold in the growing artificial intelligence chip space dominated by Nvidia. ″As a part of aligning our resources with our largest growth opportunities, we are taking a...
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