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A private Chinese company, DeepSeek, recently launched a new “large language model” (LLM) – DeepSeek R1 – that resulted in a significant negative reaction to stocks that have previously been seen as artificial intelligence (AI) winners. The reaction can largely be attributed to the view that DeepSeek R1 is able to deliver best of breed results, but at a much lower price point thanks to using fewer and cheaper semiconductors in the training process.
Monday 3rd February 2025
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