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Open this photo in gallery: Nvidia and DeepSeek logos are seen in this illustration taken Jan. 27.Dado Ruvic/Reuters Allen Lau is the co-founder of Wattpad and co-founder and operating partner at Two Small Fish Ventures, which invests in early-stage technology companies, including ones that develop artificial intelligence. In the past month, everyone I spoke to has been talking about DeepSeek and Nvidia. Is Nvidia facing extinction? Have certain tech giants overspent on AI? Are we seeing a bubble about to burst, or just another public market overreaction? And what about traditional sectors, like industrials, that haven't yet felt AI's impact?…
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