Elon Musk, Mark Zuckerberg, and Jensen Huang Lose Big Over DeepSeek
Chinese artificial intelligence startup DeepSeek unveiled its R1 and V3 models in late January, sending shockwaves through global financial markets. The company’s innovative approach to AI development challenged industry norms and led to significant financial losses for several prominent tech billionaires. including Elon Musk, Mark Zuckerberg, and Jensen Huang. DeepSeek’s R1 model demonstrated impressive performance …