Big Tech faces heat as China’s DeepSeek sows doubts on billion-dollar spending

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Chinese startup DeepSeek‘s cheaper AI is sharpening investor scrutiny of the billions US tech giants are pouring to develop the technology and analysts say it will dominate this week’s much-awaited results from industry bellwethers. DeepSeek has claimed it took just two months and cost under $6 million to build an AI model using Nvidia‘s less-advanced H800 chips. An app powered by the V3 model became the top iPhone download in the US on Monday. The startup founded in 2023 has said its AI models either match or outperform top US rivals at a fraction…



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Big Tech faces heat as China’s DeepSeek sows doubts on billion-dollar spending


Chinese startup DeepSeek‘s cheaper AI is sharpening investor scrutiny of the billions US tech giants are pouring to develop the technology and analysts say it will dominate this week’s much-awaited results from industry bellwethers. DeepSeek has claimed it took just two months and cost under $6 million to build an AI model using Nvidia‘s less-advanced H800 chips. An app powered by the V3 model became the top iPhone download in the US on Monday. The startup founded in 2023 has said its AI models either match or outperform top US rivals at a fraction…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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