DeepSeek just blew up the AI industry’s narrative that it needs …

Jan 28, 2025 · And finally, in the year 2025, here comes DeepSeek to blow up the industry’s whole narrative about AI’s bottomless appetite for power, and potentially break the spell that …

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How much money will deepseek spend on AI development?

Approximately $1 trillion is set to be spent globally on AI development in the coming years, according to estimates by Goldman Sachs. But DeepSeek developed its AI model for $6 million, according to Wedbush Securities analyst Dan Ives. DeepSeek was also able to create a more open-source product that could potentially accelerate wider adoption. ...

Will deepseek break Wall Street's 'harnessing artificial intelligence' pitch deck?

More power! More power! And finally, in the year 2025, here comes DeepSeek to blow up the industry’s whole narrative about AI’s bottomless appetite for power, and potentially break the spell that had kept Wall Street funneling money to anyone with the words “harnessing artificial intelligence” in their pitch deck. ...

Is deepseek forcing investors to question tech companies' assumptions?

Kidding! Kind of.) But DeepSeek is forcing investors to take a beat and question tech companies’ assumptions. By its own reasoning, the AI industry needed to keep increasing “compute” (or computational power), which meant buying tens of thousands of Nvidia’s state-of-the-art chips and building giant data centers. ...

Why is deepseek so popular?

The main reason for this surge was to slake the thirst of increasingly popular AI models for processing power (not to mention literal thirst for a still unknown amount of water). But the big surprise of DeepSeek is that it is, as they say in Silicon Valley, hella efficient. ...

How did deepseek's rally affect tech companies?

Nuclear power, crypto and infrastructure stocks were also impacted by DeepSeek's rally. And it raised questions about the billions of dollars tech companies say they'll use for future development, given that a Chinese startup has caught up with them at a much lower cost. ...

Is AI causing a stock market shakeup?

An artificial intelligence chatbot from Chinese startup DeepSeek is upending assumptions that U.S. tech giants hold a firm grip on AI development, leading to a stock market shakeup and renewed concerns over national security. DeepSeek's bot assistant became the No. 1 downloaded free app on Apple’s iPhone store on Monday, outpacing OpenAI's ChatGPT. ...