The Microsoft CEO cited Jevons paradox, which stipulates increased efficiency in production drives increased demand.
Meta, Nvidia, and other tech giants react to DeepSeek's competitive, cost-efficient models that challenge established market players.
OpenAI CEO Sam Altman announced a technological milestone on Friday, revealing the deployment of NVIDIA Corp.'s first full 8-rack GB200 NVL72 system on Microsoft Corp.'s Azure platform, marking a major advancement in the companies' strategic partnership.
Microsoft CEO Satya Nadella discusses Jevons Paradox, noting that improved efficiency in AI may boost its demand and make it a commodity. However, this could also lead to increased energy consumption as AI performs a wider range of tasks.
Amid the growing paranoia over Chinese AI DeepSeek gatecrashing the AI dominance of American startups, Microsoft’s boss Satya Nadella chimed in with his two cents (from the $80 billion he already has). Nadella stated that Jevons Paradox has struck again. He commented on X/Twitter
Microsoft plans to spend $108 billion on data centres this fiscal year to meet customers' AI demands. Read more at straitstimes.com.
Chinese AI chatbot DeepSeek has displaced OpenAI’s ChatGPT as the most downloaded app on the Apple App store and the market is panicking. Stocks for major AI connected companies like NVIDIA fell on Monday morning following the news.
DeepSeek delivers high-performing, cost-effective models using weaker GPUs, questioning the trillion-dollar spend on US AI firms like OpenAI.
Asia markets are mostly higher following gains on Wall Street driven by Tesla, IBM and Meta Platforms after strong profit reports
While investors fret about what the arrival of DeepSeek means for their all-in bet on American artificial intelligence dominance, they’re ignoring even bigger questions.
The software giant posted earnings just days after the tech sector was sent reeling by the debut of the Chinese AI chatbot DeepSeek. The system's developers said DeepSeek was built at a fraction of the cost of industry-leading models like OpenAI's ChatGPT because it uses fewer advanced chips.