Nvidia CEO Jensen Huang discussed the impact of Chinese AI startup DeepSeek’s R1 model at Nvidia’s GTC conference, according to CNBC. Huang called DeepSeek’s model “fantastic” and the “first open-sourced reasoning model." The CEO emphasized DeepSeek's ability to break down problems step-by-step and verify answers. He noted that reasoning AI requires 100 times more computation than traditional AI. DeepSeek’s model triggered a sell-off in AI stocks in January, causing Nvidia to drop 17% daily and lose nearly $600 billion.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02NVIDIA CEO Jensen Huang discussed the impact of Chinese AI startup DeepSeek R1 model at
00:07NVIDIA's GTC conference according to CNBC. Huang called DeepSeek's model fantastic and the first
00:13open-source reasoning model. The CEO emphasized DeepSeek's ability to break down problems step
00:18by step and verify answers. He noted that reasoning AI requires 100 times more computation than
00:23traditional AI. DeepSeek's model triggered a sell-off in AI stocks in January causing
00:28NVIDIA to drop 17 percent in one day and lose nearly $600 billion.