Nvidia calls China's DeepSeek R1 model ‘an excellent AI advancement'
1. NVIDIA supports DeepSeek's R1 model, an AI advancement leveraging existing models. 2. R1's training cost is only $6 million, challenging traditional AI cost structures. 3. NVIDIA expects increased GPU demand despite competition from cheaper alternatives. 4. Major tech companies continue to invest heavily in AI infrastructure for NVIDIA products. 5. Analysts question the efficiency of multi-billion dollar investments into NVIDIA-based AI.