DeepSeek Has Spent Over $500 Million on Nvidia Chips Despite Low-Cost AI Claims, SemiAnalysis Says

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By msmashJan 28, 2025, 9:00 am217 ptsTop
Nvidia shares plunged 17% on Monday, wiping nearly $600 billion from its market value, after Chinese AI firm DeepSeek's breakthrough, but analysts are questioning the cost narrative. DeepSeek said to have trained its December V3 model for $5.6 million, but chip consultancy SemiAnalysis suggested this figure…

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