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Nvidia founder and CEO Jensen Huang say the securities industry got it unseasonable when it comes to DeepSeek ’s technological promotion and its potential to negatively affect the chipmaker ’s business .
rather , Huang called DeepSeek ’s R1 open rootage abstract thought modeling “ improbably exciting ” while speaking with Alex Bouzari , CEO of DataDirect Networks , in apre - record audience that was free on Thursday .
“ I think the food market respond to R1 , as in , ‘ Oh my gosh . AI is finished , ’ ” Huang told Bouzari . “ You know , it drop out of the sky . We do n’t ask to do any computing anymore . It ’s on the button the opposite . It ’s [ the ] gross opposite . ”
Huang said that the release of R1 is inherently good for the AI market place and will accelerate the espousal of AI as opposed to this release entail that the market no longer had a use for compute resource — like the single Nvidia bring on .
“ It ’s making everybody take notice that , okay , there are opportunities to have the manakin be far more efficient than what we thought was possible , ” Huang said . “ And so it ’s expanding , and it ’s speed the adoption of AI . ”
He also pointed out that , despite the onward motion DeepSeek made in pre - training AI modelling , post - training will remain important and resourcefulness - intensive .
“ logical thinking is a fairly compute - intensive part of it , ” Huang added .
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Nvidia turn down to provide further comment .
Nvidia ’s stock closed at $ 142.62 a percentage on January 24 , according to information from Yahoo Finance . The following Monday , January 27 , the neckcloth dropped rapidly and closed at $ 118.52 a part . This eventwiped $ 600 billion off of Nvidia ’s market capin just three solar day .
The flake society ’s gillyflower has almost fully recovered since then . On Friday the stock opened at $ 140 a share , which stand for the troupe has been capable to almost amply regain that lost value in about a month . Nvidia reports itsQ4 earnings on February 26 , which will likely address the market reaction more .
Meanwhile , DeepSeek announced on Thursday that it plans toopen source five code repositoriesas part of an “ open source hebdomad ” event next week .
