Trade Alert: Short This Once-Darling Chipmaker
Big news out over the weekend… A Chinese company called DeepSeek produced an AI model that at least rivals the best American models, including the ones made by OpenAI, the company behind ChatGPT. More so, DeepSeek reportedly spent a mere $5.6 million training the model, or 97% less than what OpenAI is sinking into theirs.
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