🏮DeepSeek: everything you need to know right now....The markets went crazy today. A bit too crazy.
https://www.exponentialview.co/p/deepseek-everything-you-need-to-know
DeepSeek, or DeepFake?
https://www.americanthinker.com/blog/2025/01/deepseek_or_deepfake.html
Price dropped cause the Japanese govt raised interest rates. A lot of American hedge funds borrowed yen at 0% interest,and now have to pay it back or the interest......
https://www.reuters.com/markets/asia/what-is-yen-carry-trade-2024-08-07/
https://www.investopedia.com/what-the-carry-trade-had-to-do-with-monday-stock-market-rout-8690861
" now have to pay it back or the interest"
...ah so...
I am in the process of writing a long post about this. Short answer - its a hype over nothing. Seems like a cover for someone dumping some NVIDIA stocks, and the prices are already bouncing back.
Also a hit against Trump's AI initiative, which is key to end the endless.
If anyone wants to read their technical paper and confirm that this is just a patchwork of existing technologies and nothing groundbreaking:
DeepSeek R1 White Paper
'I am in the process of writing a long post about this."
...I will be panting in anticipation...
...doggy winks...
My thoughts exactly. It is hype - right in line with every so called technical breakthrough China has claimed which turned out to nothing burgers. They are fishing for data. I also suspect the timing of this announcement.
Here is an analysis by someone from China on DeepSeek. Been watching her for several years and she is usually right on the money when it comes to the CCP. You can tell she is on to something because of the number of little pinks in the chat. You came to the same conclusion as her - as also I did. Will be looking for your longer post. Thanks in advance.
Breakthrough or bluff? DeepSeek and the hidden game of AI domination