AI Efficiency AI News & Updates

Apple CEO Praises DeepSeek's Efficiency While Addressing AI Strategy

Apple CEO Tim Cook described DeepSeek's AI models as representing "innovation that drives efficiency" during an earnings call, while explaining Apple's hybrid approach to AI that combines on-device processing with cloud partnerships. He also noted that iPhone sales were stronger in regions where Apple Intelligence had been rolled out, despite overall slight sales decline.

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.