I had not realized just how bad the news of the DeepSeek chatbot had been for Nvidia's stock price. I suppose that placing all your bets on a bullshit technology that nobody wants has its downsides.
@gabrielesvelto In this case, this dip is because people are worried that a competitor will reduce NVIDIA's profits, no? Not about the fundamental technology?
@bhearsum I haven't read too much on the topic but it seems that the DeepSeek LLMs are roughly as good (or as bad) as the big bad OpenAI LLMs but need a fraction of the computational power... making Nvidia's future prospect look bad
@gabrielesvelto aaaaah, my bad, I clearly didn't read too much into it...
@gabrielesvelto @bhearsum I'm confused. I read that training that model costed just a few millions, but then I also read that this company has a stock of nVidia A100 chips worth hundreds of millions (assuming 15k/chip).
https://www.technologyreview.com/2025/01/24/1110526/china-deepseek-top-ai-despite-sanctions/
@gabrielesvelto @bhearsum they use chips from 2023, before export restrictions, and get seemingly better result
@gabrielesvelto @bhearsum and AMD wasting no time to capitalize on Nvidia's misfortune, gotta love it https://mastodon.social/@chromamagic.com@bsky.brid.gy/113901158019698233