Yeah the timing seems strange. Considering how much money will move hands based on those results this might be some kind of play to manipulate the market at least a bit.
Yeah the timing seems strange. Considering how much money will move hands based on those results this might be some kind of play to manipulate the market at least a bit.
I believe that they are funded by a hedge fund. So, there are no coincidences here.
Is releasing a better product really "market manipulation"? It seems to me like regular, good competition.
It's "manipulating the market" only when your geopolitical adversary brings the competition.
How does releasing it today affect the market compared to releasing it last week?
Hard to say exactly how it will affect the market, but IIRC when deepseek was first released Nvidia stock took a big hit as people realized that you could develop high performing LLMs without access to Nvidia hardware.
I thought the reaction was more so that you can train SOTA models without an extremely large quantity of hyper-expensive GPU clusters?
But I would say that the reaction was probably vastly overblown as what Deepseek really showed was there are much more efficient ways of doing things (which can also be applied with even larger clusters).
If this checkpoint is trained using non-Nvidia GPUs that would definitely be a much bigger situation but it doesn't seem like there has been any associated announcements.
Plans take time to adjust; I imagine a big part of the impact was companies realizing that they need to buy/rent much less expensive GPU compute to realize the plans they've already committed to for the next couple years. Being able to spend less to get the same results is an immediate win; expanding the plan to make use of suddenly available surplus money/compute takes some time.
And then part of the impact was just "woah, if some noname team from China can casually leapfrog major western players on a tiny budget and kill one of their moats in the same move, what other surprises like this are possible?". The event definitely invalidated a lot of assumptions investors had about what is or isn't possible near-term; the stock market reacted to suddenly increased uncertainty.
Except that, all Deepseek models so far have been trained on Nvidia hardware. For Deepseek v3, they literally mention that they used 2,048 NVIDIA H800 GPUs right in the abstract: https://arxiv.org/html/2505.09343v1
Actually, the "narrative" crashed Nvidia for no reason.
Not only DeepSeek uses a lot of Nvidia hardware for the training.
But even more so, by releasing an open weight frontier model, people around the world need more Nvidia chips than ever for inference.
I know of enterprises in APAC now spending millions of dollars on Huawei GPUs, while they might not be as efficient, they are seen as geopolitically more stable (especially given the region).
DeepSeek helped "prove" to a lot of execs that "Good" is "Good enough" and that there are viable alternatives with less perceived risk of supply chain disruption - even if facts differ may from this narrative.
Yes, I know them too, I live there!
The hardware is great, CANN is not CUDA yet.
someone has not heard about huawei GPU
Plenty of manipulation to go around..
"Tech Chip software stocks sink on report Trump ordered halt to China sales" - https://www.cnbc.com/2025/05/28/chip-software-trump-china.ht...