Wow, DeepSeek’s Chinese developer has managed an impressive feat, setting up and training its latest generative AI model for just US$5.6 million. In contrast, creating ChatGPT cost around US$100 million. This makes DeepSeek’s accomplishment even more noteworthy—a mere fraction of the expense usually expected. While some were skeptical, questioning if such a claim could be real, the surprise doesn’t end there: it’s open-source! Anyone curious enough can dig in and verify it themselves.
This revelation is likely to stir things up in global stock markets this week. It seems AI systems can indeed be developed with less expensive Graphic Processing Units, or GPUs. This might not sit well with Nvidia, as its stock might take a hit. On the flip side, this development highlights AMD’s GPUs as a competitive and credible option against Nvidia’s faster alternatives. Let’s hope this doesn’t cause too much of a drop in AI-themed stocks overall.