The FinTech Hub
Source: Live Mint In a recent chat with CNBC, Alexandr Wang, CEO of Scale AI, made a striking revelation about DeepSeek’s hardware stash. According to Wang, DeepSeek is in possession of over 50,000 NVIDIA H100 chips, a massive haul that they are unable to openly discuss due to stringent US export controls. Wang explained that,…
Source: Live Mint Perplexity AI has announced that Chinese AI startup DeepSeek’s R-1 reasoning model is now available to use for deep web research on its platform. The Aravind Srinivas led company stated that it is increasing the number of uses for both free and paid users as it adds more capacity. “DeepSeek R1 is…
Source: Live Mint US President Donald Trump has reacted to the DeepSeek panic surrounding the US markets calling the Chinese AI app ‘positive’ and a wake up call for the US industry. Speaking to a Republican congressional retreat in Miami, Trump said, “Hopefully, the release of DeepSeek AI from a Chinese company should be a…
Source: Live Mint In a remarkable turn of events, DeepSeek, a Chinese startup founded just over a year ago, has risen to the number one spot on the App Store, outpacing OpenAI’s ChatGPT, expressed Salesforce CEO Marc Benioff taking to X to share his thoughts. “DeepSeek is now #1 on the AppStore, surpassing ChatGPT—no NVIDIA…
