Wedbush analyst Dan Ives has expressed skepticism over Chinese startup DeepSeek’s assertion of developing its low-cost AI model, R1, for under $6 million. What Happened: DeepSeek has stated that ...
Arguably, there's been no bigger bull in the artificial-intelligence (AI) rally than Wedbush's Dan Ives. Ives has been cheerleading the AI boom since shortly after the debut of ChatGPT.