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    Home»News & Updates»DeepSeek’s ultra-cost-effective AI plummets NVIDIA stock prices — wiping out $500 billion in market valuation

    DeepSeek’s ultra-cost-effective AI plummets NVIDIA stock prices — wiping out $500 billion in market valuation

    January 27, 2025

    NVIDIA has lost $500 billion in market value so far today. That figure could rise even higher and set records for lost value in a single day. The drop follows DeepSeek’s launch of the R1 model, which has shaken the AI industry.

    Source: Read More / Windows Central

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    Previous ArticleSTALKER 2’s new Patch 1.1.4 update fixes one of its nastiest Xbox bugs, and the devs say a bigger patch is on the way
    Next Article Meta AI lead scientist claims “open-source” is the secret ingredient toDeepSeek’s triumph over proprietary models at a fraction of the cost — dethroning OpenAI’s ChatGPT as the most downloaded free app in the US

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