US tech stocks steady as Nvidia shares pick up after DeepSeek shock – live updates

Date:

Did it really cost $6m to ‘make’ DeepSeek?published at 17:51 Greenwich Mean Time 28 January

Tom Gerken
Technology reporter

That widely-reported figure is at the heart of what has caused such consternation in the stock market – the idea that this impressive AI toolkit was developed for little compared to its big budget US-based rivals.

The true figure is much harder to say for sure.

Firstly, it all comes from the first table in DeepSeek’s publicly available report , externalon how the tool works. It estimates the total cost of training DeepSeek V3 at just under $5.6m (£4.5m).

Some people have challenged this figure, but if we take it at face value, that would still only cover the cost of training this version of its AI – DeepSeek-V3 came as a result of various previous iterations.

Its researchers state in the report that the $5.6m figure excludes the costs of its previous research in the space (which has been…

Read more…

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Tampa RV giant Lazydays to delist from Nasdaq

Tampa-based Lazydays Holdings Inc., one of Florida’s most recognized...

Granite Geek: New Hampshire might get access to ‘balcony solar’

I had solar panels put on my roof six...

TSX Today: What to Watch for in Stocks on Monday, November 10

Despite firm gold and silver prices, Canadian stocks...

While BNB and DOT Struggle Under Market Pressure, BlockDAG’s Presale Soars Past $435M!

As market-wide fear grips the sector, the Binance Coin...