US chip giant Nvidia and its CEO Jensen Huang are set for a record wipeout on Monday after Chinese startup DeepSeek upended the tech sector with its advanced new artificial intelligence model.
Tesla ( TSLA) CEO Elon Musk seemed to agree with CEO of Scale AI Alexandr Wang suggesting that China's DeepSeek has about 50,000 H100 Nvidia's ( NASDAQ: NVDA) chips, which they can't talk about due to U.S. export controls.
· 3d · on MSN
Sam Altman-Elon Musk Feud Timeline: AI Billionaires Bark Over Trump-Endorsed Stargate AI Project
Tech Billionaires Announce ‘Project Stargate’ With Trump, But Where’s Elon?
OpenAI CEO Sam Altman called Stargate, “the most important project for this era” and promised that all of the new investment his company was making would help cure diseases. Altman was actually prompted by Trump to talk about the medical advances that AI would supposedly figure out.
· 4d · on MSN
Musk Clashes With OpenAI CEO Sam Altman Over Trump-Supported Stargate AI Data Center Project
While tech bigwigs like Mark Zuckerberg, Jeff Bezos and Elon Musk all plan to be at Donald Trump's inauguration on Monday, the CEO of one of the biggest companies says he will not be there. Nvidia's Jensen Huang, worth an estimated $100 billion, said he will not be in Washington for the event.
Vice President JD Vance, backed by Peter Thiel, criticized big tech's influence, stating these companies wield "too much power," despite prominent tech CEOs attending Donald Trump's inauguration.
So far, one primary theme surrounding the event is it will reportedly feature a who’s who of tech sector leaders. Tesla CEO Elon Musk played an integral role in Trump’s campai
This projection marks a significant shift from a previous Oxfam report that indicated only one person would reach this milestone within a decade.
Top business leaders like Mukesh Ambani, Elon Musk, Jeff Bezos, Mark Zuckerberg, and Tim Cook, are set to attend the inauguration ceremony of US President-elect Donald Trump on January 20. However, Nvidia CEO Jensen Huang has decided to skip the gala event.
Musk slammed a Trump-backed $500 billion AI joint venture building out OpenAI’s artificial general intelligence.
US leads the Forbes' 2025 World’s Billionaires List with a record 813 billionaires followed by China with 473.
Elon Musk, Mark Zuckerberg, and Jensen Huang have contributed to a staggering combined net worth of $10 trillion.
Some of the most exclusive seats at President Donald Trump’s inauguration were reserved for powerful tech CEOs who also are among the world’s richest men.
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