Nvidia’s CEO Jensen Huang has dismissed concerns that DeepSeek’s latest AI model, R1, threatens the chipmaker’s business. Speaking with Alex Bouzari, CEO of DataDirect Networks, in a pre-recorded interview released on Thursday, Huang called DeepSeek’s reasoning model “incredibly exciting.”
“I think the market responded to R1 as if AI is finished,” Huang said. “It’s exactly the opposite. It’s expanding and accelerating AI adoption.”
Despite R1’s efficiency in pre-training AI models, Huang emphasized that post-training remains a resource-intensive process. “Reasoning is a fairly compute-intensive part of AI,” he added
The AI community was shaken when DeepSeek open-sourced R1 last month, causing Nvidia’s stock to plummet by nearly 17% in one trading session. Nvidia’s stock fell from $142.62 on January 24 to $118.52 on January 27, wiping $600 billion off its market cap. However, the stock has since rebounded, opening at $140 per share on Friday.
Huang’s comments come ahead of Nvidia’s Q4 earnings report on February 26, where the company is expected to address market reactions in more detail.
Meanwhile, DeepSeek has announced an upcoming “open source week” event, during which it will release five additional code repositories. Learn more about DeepSeek’s open-source initiatives.
For further insights on Nvidia’s AI advancements, check out Nvidia’s latest AI research.
Also Read : DeepSeek AI Overtakes ChatGPT to Become Apple’s Top App—Here’s Why
