DeepSeek Develops Chips, Angers Jensen Huang Again

Chinese AI company DeepSeek has begun developing its own AI chips, according to a report. This strategic move is seen as an effort to reduce reliance on Nvidia's GPUs and potentially challenge Nvidia's dominance in the AI chip market. The development has reportedly angered Nvidia CEO Jensen Huang, as it threatens Nvidia's business in China. DeepSeek's chip initiative comes amid U.S. export restrictions on advanced semiconductors to China, pushing Chinese firms to develop domestic alternatives. The company aims to create chips optimized for its AI algorithms, potentially offering better performance and cost-efficiency.