Nvidia's market value has shrunk by over 550 billion US dollars in the past week

News on February 2nd, this January, DeepQuestAI, a Chinese artificial intelligence startup, released its latest open-source model R1, breaking the myth that "bigger is better" in AI development. According to a US market observation website, Nvidia's market value shrank by $552 billion over the past week. In addition, Microsoft's cloud service platform, Amazon's cloud computing division and Nvidia recently announced that DeepQuestAI's R1 model has been integrated into their platforms.