Comment Comment by nabla9 Nvidia -13% in Frankfurt stock market just now.Valuations of private unicorns like OpenAi and Anthropic must be in free fall. DeepSeek spends $6 million in old H800 hardware to develop open source model that overtakes ChatGPT. AI gets better, but profit margins sink with strong competition.Chinese AI startup DeepSeek overtakes ChatGPT on Apple App Store https://news.ycombinator.com/item?id=42839656Edit: Nvidia now -15% in Frankfurt. parent nabla9 1 year ago
Valuations of private unicorns like OpenAi and Anthropic must be in free fall. DeepSeek spends $6 million in old H800 hardware to develop open source model that overtakes ChatGPT. AI gets better, but profit margins sink with strong competition.
Chinese AI startup DeepSeek overtakes ChatGPT on Apple App Store https://news.ycombinator.com/item?id=42839656
Edit: Nvidia now -15% in Frankfurt.