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Leo's Lightbulbsđź’ˇ- DeepSeek are big lying liars, spent $1.6 billion and used 50,000 NVIDIA gpus to train their model

Leo Rodman
February 10, 2025
So, as the headline says, the big news this week is that DeepSeek are big lying liars who spent $1.6 billion and used 50,000 NVIDIA gpus to train their model, then claimed they did it for 6 without a fleet of NVIDIA gpus, causing NVIDIA’s stock to take massive losses.
If this happened in the USA, DeepSeek’s executives would be going to jail for manipulating the stock market. Since it happened in China, either they’ll be let off the hook OR something really bad will happen to them. Since their actions hurt a US company, not a Chinese company or the Chinese government / national interest, I suspect they won’t be penalized.
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