
In a quarterly earnings call on Wednesday, Nvidia CEO Jensen Huang had some surprising commentary on DeepSeek R1, the controversial AI model that has exploded in popularity over the past few months.
DeepSeek is a new AI model that quickly became a ChatGPT rival after its U.S. launch in December 2024. According to the model's developers, DeepSeek was trained for far less money and with less powerful hardware than ChatGPT, yet it performs on a similar level. Those shocking claims were part of what triggered a record-breaking market value loss for Nvidia in January.