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68%  
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  • Intel's Former CEO Says the Market Is Getting DeepSeek Wrong After AI Chip Stock Rout

    01/27/2025 11:19:26 AM PST · by nickcarraway · 30 replies
    Gelsinger took to X on Monday to suggest that the market's assumptions were wrong. He said that instead of reducing demand, making computing "dramatically cheaper" and more efficient to use — as DeepSeek appears to have done — "will expand the market for it." The former Intel boss, who retired from the company in December after struggling to capitalize on the AI boom, also suggested that the Chinese engineers at DeepSeek "had limited resources, and they had to find creative solutions" to squeeze performance out of their models. The AI industry has insisted that models become smarter when powered with...