There could be some trickery on the training side, i.e. maybe they spent way more than $6M to train it.
But it is clear that they did it without access to the infra that big tech has.
And on the run side, we can all verify how well it runs and people are also running it locally without internet access. There is no trickery there.
They are 20x cheaper than OpenAI if you run it on their servers and if you run it yourself, you only need a small investment in relatively affordable servers.
True, but training is one-off. And as you say, a factor 100x less costs with this new model. Therefore NVidia just saw 99% of their expected future demand for AI chips evaporate
Even if they are lying and used more compute, it's obvious they managed to train it without access to the large amounts of the highest end chips due to export controls.
Conservatively, I think NVidia is definitely going to have to scale down by 50% and they will have to reduce prices by a lot, too, since VC and government billions will no longer be available to their customers.
Wth?! Like seriously.
I assume they are running the smallest version of the model?
Still, very impressive.
Because the silicon valley bros had convinced the national security wonks in the Beltway that it was paramount for national security, technological leadership and economic prosperity.
I think this will go down as the biggest grift in history.
Kevin Walmsley reported on Deepseek 10 days ago. Last week, the smart money exited big tech. This week the panic starts.
I'm getting big dot-com 2.0 vibes from all of this.
Fair enough. I have an 8 year old Mercedes.
Perhaps I should get a newer car.
This, 100%.
I remember when Democrats had a filibuster proof majority under Obama.
And they still failed to pass single payer healthcare, because of former VP candidate Joe Lieberman. Like, talk about lack of party discipline.
Republican politicians at least deliver what they say they will deliver.
It is, but it's also a very efficient and difficult to evade tax. For many EU countries the VAT revenue is equal or larger than the income tax revenue.
Most Europeans don't mind it. You can control your spending, so VAT doesn't hit us in inconvenient ways, like for example, taxes on cars and property.
European countries compensate poor people with good social programs. So in the end, poor people are getting more benefits than the VAT they pay.
For a moment I thought this was about AI and the stock market.
My car gives a warning when it detects a potential collision.
Usually, it's right before I start turning into a turn.
I get it, it's 2-bit brain doesn't realize that the car will not, in fact, drive straight into the wall.
It doesn't realize that I have had my foot off the gas in anticipation.
I would really hate if the car would brake under those circumstances.
You are right. But I still see most people refer to the Plaza accords. I guess those are just more well known.
They have made it harder, but it's not really hard.
Just buy any regulated crypto and convert. Cake Wallet makes it easy, but there are many other ways.
I myself hold Bitcoin and Monero.