This week, Chinese AI firm DeepSeek made waves by claiming its new AI model surpasses OpenAI’s at a fraction of the cost, with their large language model trained for just $5.6 million. Concerns arose over the exorbitant amounts tech giants spend on AI computing infrastructure, leading to a $600 billion market cap drop for Nvidia. While DeepSeek’s assertions caused investor panic, experts questioned the validity of their claims compared to OpenAI’s ChatGPT, casting doubt on the true impact of DeepSeek’s technology in the AI landscape.
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