Nightmare on Wall Street as tech stocks set to lose $1T over Chinese AI startup DeepSeek

NY Post ^ | 1/27/2025 | Thomas Barrabi and Ariel Zilber

[frogjerk]

Is this DeepSeek for real or a cold fusion scam?

[Jonty30]

I wonder how much farther we’d be, if that DEI money found its way into research?

[RoosterRedux]

All the claims about Deep Seek's R1 AI platform are unverified and unverifiable.

I wonder how much Nvidia they sold short before this recent announcement.

[frogjerk]

DeepSeek turning into a DeepFake?

[ClearCase_guy]

I’m not at all qualified to spout an opinion on investments, but ... This news from China is, as far as I know, unverified. The warts (there are always warts) are not discussed. If I were moving money in the market, I’d put money on companies like Nvidia. Buy on the dip.

[bobcat62]

Try it locally. I believe both tools mentioned have Windows equivalents:

https://www.reddit.com/r/selfhosted/comments/1i6ggyh/got_deepseek_r1_running_locally_full_setup_guide

[Antoninus]

Bargain hunters’ delight.

[Frank Drebin]

It’s “AI” isn’t it?

[Brian Griffin]

“$1 trillion rout”

It might cost $5,000/year to hire a compiler of information in the Third World.

[armourenthusiast]

Deepseek has hired 20 million Chinese communists to answer your queries in realtime.

[packrat35]

This has got to be the biggest over reaction of all time.

[CaptainK]

Are the Chinese being as truthful about the costs of their AI startup as they were about the origins of Covid?

[packrat35]

I will be buying NVDIAS at the open tomorrow.

[SaxxonWoods]

Unknown but the low figure being claimed is incomplete according to some.

[Jaysin]

you mean more then Y2K?

[RoosterRedux]

I wouldn't be surprised. They said they trained it for $5.6 million (when OpenAI spends hundreds of millions) and that it was developed in under two months.

The CCP would have us believe that they can do something that Musk cannot.

I'm not buying it.

[SaxxonWoods]

I already bought some and will buy more if it stays down or drops more.

[linMcHlp]

Yeah, but the Large Language Model (LLM) is not the big deal - despite all that “generative intelligence” (robot chat) hype.

The big deal is the very high-speed management of data - that takes an AI pattern recognition system to control the data pumping and parking - the flow.

IMHO

[Uncle Miltie]

History is accelerating at breakneck speed.

[Brian Griffin]

Nvidia makes wonderful chips, but software will triumph.

Your object as a tech investor should be to make your comparatively small investment pot grow much bigger.

Tech investing is always risky as tech changes faster than most other things.