• What do we know about DeepSeek?

    Posted on February 17, 2025 at 02:44 CST by • Comment in the Forums

    AI

    Michael A. Convington

    By Michael A. Covington

    On January 27, the Chinese AI company DeepSeek caused so much panic in American industry that NVIDIA stock dropped 17% in one day, and the whole Nasdaq had a 3.4% momentary dip.

    What scared everybody? The impressive performance of the DeepSeek large language model (LLM), which competes with ChatGPT, reportedly cost less than a tenth as much to create and costs less than a tenth as much to run.

    The bottom fell out of the market for powerful GPUs, at least temporarily, because they don’t seem to be needed in anywhere near the quantities expected.

    But what is this DeepSeek, and what do we make of it?

    Read the full story in our Plus Newsletter (22.07.0, 2025-02-17).

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