Nvidia's market value shrunk by more than $500 billion in a week

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MarsBit
02-02
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According to Huoxing Finance News, on February 2, this January, the Chinese artificial intelligence startup Shendu Qiusuo released the latest open-source model R1, breaking the myth of "the bigger, the better" in artificial intelligence development. According to the US market observation website, NVIDIA's market value has shrunk by $552 billion in the past week. In addition, Microsoft's cloud service platform, Amazon's cloud computing division, and NVIDIA have recently announced that Shendu Qiusuo's R1 model has been integrated into their platforms.

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