BREAKING: Companies tied to Alice Huang invested in DeepSeek and promised to supply it with Nvidia chips, The Information reports.
The firms reportedly invested in DeepSeek’s latest funding round, valued at about $15.8 billion, as part of a pitch to help the Chinese AI lab get Nvidia’s Blackwell chips. US export rules bar those chips from China. DeepSeek is reportedly building its next major model on thousands of Blackwell chips.
⚠️ Warning: Long rant incoming.
I’ve been waiting for someone in the national NBA media to address this, but apparently nobody wants to.
Why was Luka Doncic’s first NBA Finals loss treated as proof that his style of basketball couldn’t win a championship, while Victor Wembanyama’s was treated as another step toward greatness?
Luka averaged 29.2/8.8/5.6 against a 64-win Celtics team, and the national media spent the next two years questioning his defense, conditioning, leadership and whether his style of basketball could ever win a championship.
Wemby loses 4–1 to a 53-win Knicks team, struggles down the stretch, and suddenly we’re reminded that even Jordan and LeBron needed time. It’s all about growth, valuable lessons and gaining experience.
And this hypocrisy doesn’t end with the Finals. It carries directly into the MVP conversation.
Luka’s individual brilliance is constantly filtered through questions about his defense, playing style, team success and whether he can actually win.
Wemby’s brilliance is celebrated as evidence of what he’s becoming. His shortcomings are treated as things he’ll eventually overcome.
One player has to constantly justify why he deserves an MVP. The other is talked about like winning one is inevitable.
Nobody is asking for Wemby to be torn down. But why does one generational talent have to overcome a narrative the media created while the other gets the benefit of the doubt?
Jensen Huang and the Nvidia board just made a massive mistake.
He should not have resigned.
The board should have taken the time to conduct a thorough investigation, consult with shareholders, and carefully evaluate the long-term implications of this decision.
There is no clear replacement for Jensen Huang, and we believe his departure will ultimately be a net negative for Nvidia, $NVDA, and its shareholders.
This will go down as the most costly mistake of the AI Revolution.