Part 2/8:
Much has been made of the fact that Deep Seek operates as a lower-cost alternative to industry giants like ChatGPT from OpenAI, drastically reducing its training investment from a reported $78 million for ChatGPT to just $5.6 million. Furthermore, it is said to utilize older, more affordable GPUs, posing a direct threat to the market dominance of Nvidia, which suffered a staggering $600 billion loss in market capitalization following the news.