this post was submitted on 29 Jan 2025
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That's why "value" is in quotes. It's not that it didn't exist, is just that it's purely speculative.
Hell Nvidia's stock plummeted as well, which makes no sense at all, considering Deepseek needs the same hardware as ChatGPT.
Stock investing is just gambling on whatever is public opinion, which is notoriously difficult because people are largely dumb and irrational.
Common wisdom said that these models need CUDA to run properly, and DeepSeek doesn't.
CUDA being taken down a peg is the best part for me. Fuck proprietary APIs.
They replaced it with a lower level nvidia exclusive proprietary API though.
People are really misunderstanding what has happened.
That's a damn shame.