Nvidia's $500B Value Plunge Amid DeepSeek Competition: A Tech Earthquake!
In a dramatic turn of events, Nvidia's market value has taken a $500 billion nosedive, primarily due to emerging competition from China's DeepSeek. This raises critical questions about the U.S. AI market dominance as DeepSeek's thrifty $5.6 million development shakes the industry. Microsoft and Amazon aren't far behind with performance-based layoffs, while SEBI's crackdown on real-time financial influencers is sparking debate. Meanwhile, Zoho's CEO steps down, and Apple's iOS 18.3 brings exciting AI features. From chip wars to AI debates, here's a rundown of this week's top tech stories.
Feb 3