This is what is wrong in believing what the Chinese say……they developed this with $5 million when they have a billion in AI hardware. The Chinese probably shorted NVDA with this BS and profited handsomely.
“However, DeepSeek's "low-training" costs were only a FUD, and it was reported that DeepSeek employs well over $1 billion in AI hardware, showing that the firm, too, needs massive computing power.”