Nvidia CEO Predicts AI Boom Will Surge by $1 Trillion by 2029
Nvidia CEO Jensen Huang discussed the impact of Chinese startup DeepSeek’s new AI model in a recent interview with CNBC. The R1 model, which is “fantastic” because it’s the first open-sourced reasoning model, consumes 100 times more compute than non-reasoning AI models. Huang’s comments sparked a massive sell-off in AI stocks, including Nvidia, which plummeted … Read more