Company Blog

DeepSeek Disrupts AI Market, NVIDIA Loses $432 Billion Market Value In A Single Day.

On January 27, 2024, the Chinese startup DeepSeek unveiled its groundbreaking R1 AI model, creating ripples across the tech sector. Unlike its competitors, DeepSeek achieved this milestone with a remarkably low investment of $6 million, leveraging Nvidia's H800 chips rather than high-end models. The launch has raised questions about the sustainability of American tech firms' capital-heavy AI strategies.
Jan 27, 2025
VCG Markets Logo