AI on a budget: DeepSeek's disruption and NZ's opportunity

Nvidia CEO Jensen Huang during happier times for Nvidia's stock price. (Image: Getty)

Wed, 29 Jan 2025

Chinese artificial intelligence company DeepSeek is disrupting the soaring share price trajectory of the great technology disruptors, and there are some lessons in it for New Zealand Inc.One of the worst-hit stocks was Nvidia, whose share price declined by 16.86% on Monday's trading (Tuesday, NZ time), erasing US$600 billion (NZ$1.05tr) of value in a single day.University of Waikato Artificial Intelligence Institute (Te Ipu o te Mahara) founding director Albert Bifet said the DeepSeek revelation that tore through the US stockmarket on Monda...

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