🐋DeepSeek Challenges Everyone’s Assumptions About AI Costs
[long read]
Bloomberg reports that the Chinese upstart says its rival to ChatGPT comes at a fraction of the cost, raising questions about the rationale for stratospheric AI budgets.
🔣 A little-known Chinese AI startup called DeepSeek released a new open-source AI model called R1 that can mimic the way humans reason. The company said R1 rivaled or outperformed leading US developers on a range of industry benchmarks, including for mathematical tasks and general knowledge — and was built for a small fraction of the cost.
📉Almost overnight, DeepSeek has upended many of the assumptions inside Silicon Valley about the economics of building AI, as well as the best technical methods for developing the technology and the extent of the US lead over competitors in China. For much of the past two years since ChatGPT kicked off the global AI frenzy, the industry has bet that the path to better AI depends largely on spending heavily on more advanced chips from companies like Nvidia and increasingly massive data centers to house them.
📉Hype over DeepSeek's feat drove a nearly $1 trillion rout in US and European technology stock as investors questioned the spending plans of some of America’s biggest companies. The share plunge in AI chipmaker Nvidia alone erased roughly $589 billion in market value, the biggest wipeout in US stock-market history.
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© Экономическое обозрение
© Иқтисодий шарҳ
© Economic Review
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[long read]
Bloomberg reports that the Chinese upstart says its rival to ChatGPT comes at a fraction of the cost, raising questions about the rationale for stratospheric AI budgets.
🔣 A little-known Chinese AI startup called DeepSeek released a new open-source AI model called R1 that can mimic the way humans reason. The company said R1 rivaled or outperformed leading US developers on a range of industry benchmarks, including for mathematical tasks and general knowledge — and was built for a small fraction of the cost.
📉Almost overnight, DeepSeek has upended many of the assumptions inside Silicon Valley about the economics of building AI, as well as the best technical methods for developing the technology and the extent of the US lead over competitors in China. For much of the past two years since ChatGPT kicked off the global AI frenzy, the industry has bet that the path to better AI depends largely on spending heavily on more advanced chips from companies like Nvidia and increasingly massive data centers to house them.
📉Hype over DeepSeek's feat drove a nearly $1 trillion rout in US and European technology stock as investors questioned the spending plans of some of America’s biggest companies. The share plunge in AI chipmaker Nvidia alone erased roughly $589 billion in market value, the biggest wipeout in US stock-market history.
Read full:
⬇️⬇️⬇️
en review.uz/en/onp
ru https://review.uz/onp
More analytics
⬇️⬇️⬇️
© Экономическое обозрение
© Иқтисодий шарҳ
© Economic Review
telegram | facebook | twitter|linkedin