Got the impression that a bazillion dollar's worth of GPUs are required to run a cutting-edge chatbot? Think again. Matthew Carrigan, an engineer at AI tools outfit HuggingFace, claims that you can run the hot new DeepSeek R1 LLM on just $6,000 of PC hardware. The kicker? You don't even need a high-end GPU.
For now, it's unclear how resource intensive the Qwen 2.5-Max is or is not. The thing that really rattled the markets when it comes to DeepSeek R1 arguably isn't its outright perf
While companies like DeepSeek may find success in certain market segments, they face an uphill battle against this massive capital advantage. In other words, claims that demand for Nvidia's premium chips will collapse simply don't align with market realities and the trajectory of AI development.
In what marks the largest single-day drop in stock market history, Nvidia's valuation has been hit by China's answer to ChatGPT.
Did the upstart Chinese tech company DeepSeek copy ChatGPT to make the artificial intelligence technology that shook Wall Street this week?
The DeepSeek chatbot, known as R1, responds to user queries just like its U.S.-based counterparts. Early testing released by DeepSeek suggests that its quality rivals that of other AI products, while the company says it costs less and uses far fewer specialized chips than do its competitors.
DeepSeek claims it costs them less than $6 million to train its latest AI models, while it costs ChatGPT $100 million. DeepSeek is able to charge only $0.14 per 1 million input tokens, compared to $15 at OpenAI. Token input pricing has to do with the amount of text that goes into training the AI language models.
WASHINGTON: US stocks and shares in chip-making giant Nvidia on Tuesday (Jan 28) clawed back some of their losses following a steep sell-off a day earlier triggered by the sudden success of
The Chinese startup DeepSeek has sent shockwaves throughout the AI world with the release of its less-resource-intensive AI chatbot, calling into question the amount of power and financial investment needed to develop the technology.
The emergence of China-based AI app DeepSeek sent shares plummeting on Monday for many U.S. tech giants, including chipmaker Nvidia and AI-backer Microsoft.
Nvidia shares' 9% recovery Tuesday was the second-best day in terms of market cap added for any company ever, trailing only a record it set in July.