Nvidia CEO Jensen Huang has pushed back against investor concerns that triggered a $600 billion market value drop, asserting that the market misinterpreted the significance of DeepSeek’s new AI model.“I think the market responded to R1 as an ‘Oh my gosh, AI is finished,’” Huang said in a pretaped interview for Nvidia partner DDN. The…
BENGALURU: IBM chairman and CEO Arvind Krishna observed that the AI race is focused on whether bigger models mean better outcomes. Yet, AI systems do not inherently need to consume extensive resources or require substantial investments. “Following IBM’s earnings announcement earlier today, I had a lot of conversation and without fail, DeepSeek came up…. For…
“Our focus is clear: delivering real-world AI solutions while simultaneously globally scaling our cloud and AI infrastructure,” wrote Microsoft CFO Amy Hood in her memo to the employees, urging them to stay focused on delivering real-world AI solutions amid “a lot of AI-related news this week,” including Chinese startup DeepSeek’s cost-efficient AI model and the…
