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More than one year after DeepSeek’s R1 wiped nearly $600 billion off Nvidia market value in single day, Chinese startup planning another launch

Startups • March 1, 2026

More than one year after DeepSeek’s R1 wiped nearly $600 billion off Nvidia market value in single day, Chinese startup planning another launch is drawing significant interest across the industry.

Tech News News: DeepSeek, the Chinese AI startup that wiped nearly $600 billion off Nvidia’s market value in a single day with launch of its R1 model, is reportedly r.

Experts suggest this could influence future trends and innovation in the sector.

More updates are expected as the story develops.


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