AsianFin – Zack Kass, former Global Head of Market Applications at OpenAI and an expert in AI and business strategy, praised DeepSeek as a major success and an exciting development.
Regarding the recent volatility in Nvidia’s stock price and its future outlook, Kass emphasized that whether or not to buy Nvidia’s stock is not the core issue. The key is that advancements in technology will accelerate “model parity,” making AI more accessible to a broader range of consumers.
Kass also commented on Nvidia’s sharp sell-off, pointing out that it reflects market speculation and a lack of understanding of AI. He argued that if the rationale for investing in Nvidia is the belief that AI requires massive quantities of chips to continue training large language models, then this investment logic is flawed. However, he acknowledged that if the investment is based on the idea that falling AI costs will attract new entrants, thereby driving sustained growth in GPU demand, then this logic holds true.
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