DeepSeek is an AI platform that provides advanced artificial intelligence models, particularly for tasks such as natural language processing and data analysis.

Nvidia's market value dropped more than $500bn after the emergence of DeepSeek - a low-cost chatbot built by a Chinese AI firm.

He told CNBC: "My understanding is that Deepseek has about 50,000 H100s, which they can't talk about obviously because it is ...