Palantir's CEO Just Said This About DeepSeek. Here's What It Could Mean for Nvidia Investors.
Palantir CEO Alex Karp recently shared some interesting thoughts on the DeepSeek development.
Alex Karp is a PhD., technologist, and philosopher. He's also the CEO of artificial intelligence (AI) software company Palantir Technologies -- and he often explains sophisticated and complicated ideas in an extremely digestible format. Recently, Karp sat down for an interview and gave his honest take on AI's newest darling, a Chinese start-up called DeepSeek.
Since DeepSeek's arrival a couple of weeks ago, tech stocks have largely fallen off a cliff. In particular, semiconductor stocks have been walloped. Below, I'll detail some of Karp's comments and explain why they're important to understand. Furthermore, I'll draw on his views to understand how DeepSeek's emergence could impact the biggest name in the chip realm, Nvidia (NASDAQ: NVDA).
When OpenAI released ChatGPT in late 2022, many in the technology world suddenly bought into the idea that large language models (LLM) represented some type of breakthrough that would forever change the way businesses interacted. Alex Karp was not one of those people.
