minus-squareradiohead37@lemmynsfw.comtoInteresting Global News@lemmy.zip•Nvidia loses $500 bn in value as Chinese AI firm jolts tech shareslinkfedilinkarrow-up0·3 days agoI think it has to do with how much cheaper the Chinese company is offering tokens for. It is severely undercutting the American companies. Going forward they won’t have unlimited cash as they are used to. linkfedilink
I think it has to do with how much cheaper the Chinese company is offering tokens for. It is severely undercutting the American companies. Going forward they won’t have unlimited cash as they are used to.