Nvidia denies DeepSeek used banned Blackwell chips, affirms US export rules

• Nvidia denies a report claiming Chinese AI startup DeepSeek is using its banned AI chips.
• The report suggested DeepSeek might be using Nvidia's Blackwell chips, which are restricted from export to China under US trade rules.
• Nvidia stated there is no evidence to support the claim and affirmed its adherence to US export regulations.
• DeepSeek gained global attention for developing a high-performing AI model at a significantly lower cost.
• The incident underscores ongoing US restrictions on advanced chip exports to China and their impact on global AI development.

Why It Matters: It highlights US-China tech competition and chip export rule challenges.