Following reports of China’s DeepSeek purportedly accessing NVIDIA’s GPUs to train its artificial intelligence models from Singapore, authorities in the island nation have charged three men with fraud in connection with false representations related to product end use. DeepSeek’s purported ability to significantly reduce AI training costs led to a massive stock market bloodbath in January after NVIDIA’s shares lost nearly $600 billion in market value during a single day. A closer look at the firm’s annual filings with the SEC revealed that a large portion of its revenue had come from Singapore, which led to speculation of chips from […]
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