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Jensen Huang lost close to 20% of his on-paper wealth on Monday after DeepSeek roiled the AI industry
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,
DeepSeek could represent Nvidia CEO Jensen Huang’s worst nightmare
The recent AI advances by Chinese upstart DeepSeek could be the beginning of a potential nightmare scenario that Nvidia Corp. Chief Executive Jensen Huang has been worrying about since the chip maker’s meteoric rise.
Jensen Huang Net Worth: How It Plunge USD 20.1 Billion As DeepSeek Disrupts The AI Market?
Despite a remarkable surge in net worth, Jensen Huang, CEO of Nvidia, saw a significant dip of $20.1 billion due to the rising competition from Chinese AI firm DeepSeek, which caused a market-wide selloff and cast doubts on the sustainability of capital-heavy AI investments.
1d
on MSN
Bay Area tech billionaires take financial hit following app rollout
Five hundred of the world’s richest people collectively lost $108 billion after the Chinese-headquartered artificial ...
2d
World’s richest people led by Nvidia co-founder Jensen Huang lose $145b after DeepSeek sell-off
NEW YORK – The world’s 500 richest people, led by Nvidia co-founder Jensen Huang, lost a combined US$108 billion (S$145 ...
2d
on MSN
How China’s DeepSeek’s rise cost the world’s richest $108B in a day
Tech billionaires lost around $100 billion as Chinese AI disruptor DeepSeek challenges Silicon Valley with a low-cost chatbot ...
2d
The DeepSeek Winners and Losers
The sudden popularity of the Chinese chatbot drove a huge plunge in shares of Nvidia. But other A.I. powerhouses rallied.
Nairametrics
2d
Billionaire Jensen Huang, Changpeng Zhao, others lose $108 billion in 1 day
The world’s wealthiest individuals, led by Nvidia Corp.’s co-founder Jensen Huang, saw their fortunes take a staggering hit on Monday, ...
Mid Day
1d
Chinese firm DeepSeek’s new AI chatbot takes on ChatGPT
In a significant shakeup, the January 20 release of DeepSeek AI, a cutting-edge product from a Chinese start-up, has sent ...
cnbctv18
3d
DeepSeek Sell-Off: World's richest, led by Jensen Huang, lose $108 billion
While Huang and Ellison suffered losses, other major tech billionaires’ fortunes escaped unscathed. Zuckerberg’s net worth ...
2d
on MSN
Top 500 Richest Lose £86.7B After DeepSeek AI Chatbot Launch Triggers AI Market Selloff
The S&P500 and the Nasdaq Composite declined as investors questioned America's AI dominance after DeepSeek launched its free ...
Tech Xplore on MSN
1d
DeepSeek's low-cost AI chatbot is a win for the whole industry, expert says
The Chinese startup DeepSeek has sent shockwaves throughout the AI world with the release of its less-resource-intensive AI ...
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