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Nvidia falls 12% in premarket trading- DeepSeek triggers global tech sell-off
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Topic: Nvidia falls 12% in premarket trading- DeepSeek triggers global tech sell-off (Read 492 times)
rcjordan
I'm consulting the authorities on the subject
Global Moderator
Hero Member
Posts: 17149
Debbie says...
Nvidia falls 12% in premarket trading- DeepSeek triggers global tech sell-off
«
on:
January 27, 2025, 01:13:53 PM »
U.S. technology firms plunged in premarket trading, as Chinese startup DeepSeek sparked concerns over competitiveness in AI and America's lead in the sector, triggering a global sell-off.
DeepSeek launched a free, open-source large-language model in late December, claiming it was
developed in just two months at a cost of under $6 million
.
The developments have stoked questions about the large amounts of money big tech companies have been investing in AI models and data centers.
https://www.cnbc.com/2025/01/27/nvidia-falls-10percent-in-premarket-trading-as-chinas-deepseek-triggers-global-tech-sell-off.html
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Brad
Inner Core
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Posts: 4318
What, me worry?
Re: Nvidia falls 12% in premarket trading- DeepSeek triggers global tech sell-off
«
Reply #1 on:
January 27, 2025, 01:57:21 PM »
>two months at a cost of under $6 million.
If true ... Bwahahahahah!
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Brad
Inner Core
Hero Member
Posts: 4318
What, me worry?
Re: Nvidia falls 12% in premarket trading- DeepSeek triggers global tech sell-off
«
Reply #2 on:
January 27, 2025, 02:38:10 PM »
From Matt Stoller
https://www.thebignewsletter.com/p/monopoly-round-up-china-embarrasses
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rcjordan
I'm consulting the authorities on the subject
Global Moderator
Hero Member
Posts: 17149
Debbie says...
Re: Nvidia falls 12% in premarket trading- DeepSeek triggers global tech sell-off
«
Reply #3 on:
January 27, 2025, 03:20:56 PM »
China’s cheap, open AI model DeepSeek thrills scientists
https://www.nature.com/articles/d41586-025-00229-6
It is being actively distributed by the LLM groupies and will run locally. See ollama
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buckworks
Inner Core
Hero Member
Posts: 1690
Re: Nvidia falls 12% in premarket trading- DeepSeek triggers global tech sell-off
«
Reply #4 on:
January 27, 2025, 10:14:00 PM »
Here's an excellent video about DeepSeek and why it matters:
https://www.youtube.com/live/nLOvJ9alKGM
I own books by both these guys.
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Nvidia falls 12% in premarket trading- DeepSeek triggers global tech sell-off