Nvidia



DeepSeek breakthrough and its global impact

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A new Chinese AI model called DeepSeek has taken the tech industry by storm, quickly becoming the most downloaded app on Apple's App Store. This unexpected rise has drawn attention from investors, shaken financial markets, and sparked debates about the future of AI development. With its ability to rival industry leaders like OpenAI at a fraction of the cost, DeepSeek has raised significant questions about technological competition, chip dependencies, and global AI leadership.

Nvidia's capitalization reaches $3.01 trillion

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Nvidia has achieved the status of the world's second most valuable company. As of Wednesday, the chipmaking giant's market capitalization reached $3.01 trillion, surpassing Apple's $3 trillion valuation. With its flagship H100 chip leading the charge in the AI race, Nvidia's market capitalization has continued its upward trajectory. Having attained a $1 trillion valuation in May 2023, the company soared past $2 trillion in February of the current year, surpassing the valuations of both Amazon and Alphabet.