I had not realized just how bad the news of the DeepSeek chatbot had been for Nvidia's stock price. I suppose that placing all your bets on a bullshit technology that nobody wants has its downsides.
@gabrielesvelto In this case, this dip is because people are worried that a competitor will reduce NVIDIA's profits, no? Not about the fundamental technology?
@bhearsum I haven't read too much on the topic but it seems that the DeepSeek LLMs are roughly as good (or as bad) as the big bad OpenAI LLMs but need a fraction of the computational power... making Nvidia's future prospect look bad
@bhearsum@gabrielesvelto It's that the competitor (also garbage but that doesn't matter) doesn't need obscene numbers of GPUs and coal power plants to get the same (garbage) results.