DeepSeek Has Spent Over $500 Million on Nvidia Chips Despite Low-Cost AI Claims

Nvidia shares plunged 17% on Monday, wiping nearly $600 billion from its market value, after Chinese AI firm DeepSeek’s breakthrough, but analysts are questioning the cost narrative. DeepSeek said to have trained its December V3 model for $5.6 million, but chip consultancy SemiAnalysis suggested this figure doesn’t reflect total investments. Read more…

OpenAI Releases ‘Smarter, Faster’ ChatGPT – Plus $200-a-Month Subscriptions for ‘Even-Smarter Mode’

Wednesday OpenAI CEO Sam Altman announced “12 Days of OpenAI,” promising that “Each weekday, we will have a livestream with a launch or demo…” And sure enough, today he announced the launch of two things: “o1, the smartest model in the world. Smarter, faster, and more features (e.g. multimodality) than Read more…