Industry Trend AI News & Updates

Former Google CEO Warns DeepSeek Represents AI Race Turning Point, Calls for US Action

Eric Schmidt, former Google CEO, has published an op-ed calling DeepSeek's rise a "turning point" in the global AI race that demonstrates China's ability to compete with fewer resources. Schmidt urges the United States to develop more open-source models, invest in AI infrastructure, and encourage leading labs to share training methodologies to maintain technological advantage.

DeepSeek's Efficient R1 Model Causes Nvidia Stock Plunge

Chinese AI startup DeepSeek released its R1 model which demonstrates impressive functionality using fewer resources than comparable US models. This development caused Nvidia's stock to plummet 16.9%, wiping nearly $600 billion from its market cap, as it suggests advanced AI models may not require expensive, high-end chips.