World’s Richest People Led By Jensen Huang Lose $108 Billion After DeepSeek Selloff
Tech-sector titans as a group saw $94 billion of wealth evaporate — roughly 85% of the Bloomberg index’s total decline.
World’s richest people lose billions in Nvidia plunge
The world’s 500 richest people, led by Nvidia co-founder Jensen Huang, lost a combined $US108 billion ($172 billion) on ...
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World’s richest people lose US$108bil after DeepSeek selloff
Billionaires tied to AI saw the largest drop, with Nvidia’s CEO Jensen Huang leading the loss with a 20% fall in wealth.
DeepSeek's AI Revolution: A Threat to Nvidia's Hardware Demand
DeepSeek's LLM works efficiently without requiring high-end computing chips traditionally supplied by companies like Nvidia ...
As DeepSeek fears mount, here's how much the tech giants have already spent
Beth Kindig, CEO and lead tech analyst for the I/O Fund said in a blog post that Big Tech was on track to spend at least $236 billion in capital expenditure in 2024, which represents year-over-year ...
Nvidia share price plummets as it loses more than $600B in valuation, the biggest single-day loss in history
Nvidia is facing the biggest single-day market value loss in history, according to a report by Forbes, as the release of an ...
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How China can keep pace in the global AI race
China's tech advancements are surging despite US sanctions, with Huawei's Mate 60 Pro and local AI models challenging Western ...
Nvidia stock set for record wipeout on DeepSeek fears — as CEO Jensen Huang’s net worth tanks
US chip giant Nvidia and its CEO Jensen Huang are set for a record wipeout on Monday after Chinese startup DeepSeek upended ...
DeepSeek Billionaire Rout: Nvidia’s Huang And Oracle’s Ellison Lose Combined $50 Billion
Oracle chairman Larry Ellison and Nvidia CEO Jensen Huang lost tens of billions on paper as shares of their AI-focused ...