Nvidia CEO Jensen Huang lost nearly 20% of his net worth after Chinese AI upstart DeepSeek sparked a sell-off in AI-related stocks on Monday. Huang's net worth fell from $121 billion to around $100 billion,
Nvidia CEO Jensen Huang has a vision for the future — and some advice for the generations that will navigate it.
Despite the negative financial impact, Nvidia praised DeepSeek’s breakthrough. “DeepSeek is an excellent A.I. advancement and a perfect example of test time scaling,” a company spokesperson told Observer in a statement.
Jensen Huang's damaging comments about quantum computing caused major turbulence for the Berkeley-based Rigetti Computing's stock. But that's not the end of the story.
NVIDIA CEO Jensen Huang says he can't trust Samsung's HBM memory, 'we cannot trust and do business with them because senior executives change frequently'.
Meanwhile, a slew of other tech executives including Elon Musk, Jeff Bezos and Mark Zuckerberg are reportedly set to attend the events on Monday.
The great news is this success story may be far from over. Nvidia chief executive officer Jensen Huang, speaking at CES earlier this month, said AI is progressing at an "incredible pace." Considering this, where will Nvidia stock be in one year? Let's find out.
Then there is the hype question. Since Chat GPT set off the AI gold rush in late 2022, Nvidia has been the ultimate “picks and shovel” play. But like investment in the early days of the internet, the AI boom has so far been based more on the belief that it will change everything than hard evidence that it can generate returns.
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.
"A future where you’re just surrounded by robots is for certain," Huang says. Is this something to look forward to, or something to be wary of?
Nvidia co-founder Jensen Huang's wealth dropped $20.1 billion as Nvidia shares fell 17% amid fears that DeepSeek's low-cost AI model could disrupt the tech industry. Nvidia lost $593 billion in market value,