Link: https://www.unz.com/bhua/the-us-is-reeking-of-the-smell-of-fear/
DeepSeek, a Chinese AI startup, has sent a shockwave through the US tech industry and Wall Street in the last week. Its LLM R1, trained under $6 million and 2 months, has outperformed the latest offerings from OpenAI, Meta, Google and Microsoft, who have spent tens of billions and years on their models. The DeepSeek AI app has topped download charts in the US and China, replacing ChatGPT as the No. 1 AI productivity tool. Due to its breakthrough technology that shows powerful AI can be developed with very limited investment in compute, DeepSeek’s emergency has sent Nvidia stock reeling, losing as much as 17% on Monday and wiping out $600 billion in market cap.