Nvidia CEO Jensen Huang is as bullish as ever about his company’s future, repeating his sentiments that DeepSeek won’t impact sales, he said during the latest earnings call on Wednesday. Speculation that DeepSeek’s R1 model required far fewer chips to train fueled a record drop in Nvidia’s stock price last month. But during the earnings […]
Nvidia CEO Jensen Huang shrugs off DeepSeek as sales soar Read More »
Nvidia founder and CEO Jensen Huang said the market got it wrong when it comes to DeepSeek’s technological advancements and its potential to negatively impact the chipmaker’s business. Instead, Huang called DeepSeek’s R1 open source reasoning model “incredibly exciting” while speaking with Alex Bouzari, CEO of DataDirect Networks, in a pre-recorded interview that was released
Nvidia CEO Jensen Huang says market got it wrong about DeepSeek’s impact Read More »
U.S. markets panicked on Monday over speculation that DeepSeek’s AI models would crush demand for GPUs, with Nvidia’s stock dropping almost 20%. But Meta isn’t backing off, with its CEO Mark Zuckerberg pledging that the tech giant would invest “very heavily” in AI – even “hundreds of billions of dollars” – over the long term,
Zuck shrugs off DeepSeek, vows to spend hundreds of billions on AI Read More »
DeepSeek, a Chinese AI startup, became the talk of the proverbial AI town when it released its R1 model on Friday. R1’s functionality and accuracy compared to its U.S. counterparts, despite using fewer resources and less compute power, seems like a win for the overall AI industry. But it isn’t necessarily good news for everyone.
Nvidia drops $600B off its market cap amid the rise of DeepSeek Read More »
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week’s newsletter is about startups, but it is also about Big Tech companies expanding their reach, both through acquisitions and through investments. Most interesting startup stories
Big Tech expands its reach with new startup acquisitions and investments Read More »
Nvidia is releasing three new NIM microservices, or small independent services that are part of larger applications, to help enterprises bring additional control and safety measures to their AI agents. One of these new NIM services targets content safety and works to prevent an AI agent from generating harmful or biased outputs. Another works to
Nvidia releases more tools and guardrails to nudge enterprises to adopt AI agents Read More »
With a week left in office, President Joe Biden introduced a new set of guidelines and restrictions for exporting U.S.-made AI chips. On Monday the administration announced its Interim Final Rule on AI diffusion. This ruling is meant to “provide clarity to allied and partner nations about how they can benefit from AI” and streamline
Biden administration proposes sweeping new restrictions on exporting AI chips Read More »
Welcome back to Week in Review. I missed you! This week, we’re diving into all the gadgets and announcements out of this year’s CES, Meta’s decision to roll back its fact-checking program, TikTok’s response to employees affected by the California wildfires, and more! Let’s do this. CES 2025 came and went this week. The event
Everything you missed at CES 2025 Read More »
No company has capitalized on the AI revolution more dramatically than Nvidia. Its revenue, profitability, and cash reserves have skyrocketed since the introduction of ChatGPT a little over two years ago — and the many competitive generative AI services that have launched since. And its stock price soared more than eightfold. During that period, the
Nvidia’s AI empire: A look at its top startup investments Read More »
“We put AI in this thing. Does it work? We’ll see.” That seemed to be the theme for some companies attending CES 2025, but looking beyond the experimental hype, there were also some significant (we think) developments and cool new products. Today on TechCrunch’s Equity podcast, hosts Kirsten Korosec, Margaux MacColl, Anthony Ha, and Max
$5B livestream shopping apps, Nvidia reveals, and the weirdest tech at CES Read More »
