Wow, the China developer of DeepSeek managed to setup and train its latest generative Artificial Intelligence ("AI") model at only US$5.6Mil relative to ChatGPT's US$100Mil which is just a fraction of its setup cost. Just when some folks were wondering whether this is a fake claim, the other shock that comes out is that it is open-source and anyone can just look in and see for themselves.
This startling relevation will bring about chaos in the global stock markets for this week. Looks like AI sytems can be designed using cheaper Graphic Processing Units ("GPUs"). This is certainly not a too happy relevation for Nvidia and its stock price may decline while Advanced Micro Devices (AMD) GPUs may now be marketed as a serious and viable alternative to the faster GPUs from its rival Nvidia. Hopefully, the popular AI theme stocks do not decline too much else it may affect the overall global stocks markets.
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