DeepSpeekImpact
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Theme : Lunar New Year 2025
#LunarNewYear
#DeepSpeekImpact
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#PCEInflationWatch The Personal Consumption Expenditures (PCE) inflation rate has been steadily increasing over the past few months. As of December 2024, the headline PCE inflation rate edged up to 2.6% from 2.4% in November, marking the third consecutive monthly rise.¹
The core PCE inflation rate, which excludes volatile food and energy prices, remained steady at 2.8% in December, matching November's reading and market expectations.²
Breaking down the numbers further, we see that prices for goods increased 0.2% in December, following a flat reading in November, while prices for services were up 0.3%, above 0.2% in the previous month.
It's worth noting that the PCE inflation rate is a key metric watched by the Federal Reserve, and these latest numbers may influence their decisions on interest rates and monetary policy.
#PCEInflationWatch The Personal Consumption Expenditures (PCE) inflation rate has been steadily increasing over the past few months. As of December 2024, the headline PCE inflation rate edged up to 2.6% from 2.4% in November, marking the third consecutive monthly rise.¹
The core PCE inflation rate, which excludes volatile food and energy prices, remained steady at 2.8% in December, matching November's reading and market expectations.²
Breaking down the numbers further, we see that prices for goods increased 0.2% in December, following a flat reading in November, while prices for services were up 0.3%, above 0.2% in the previous month.
It's worth noting that the PCE inflation rate is a key metric watched by the Federal Reserve, and these latest numbers may influence their decisions on interest rates and monetary policy.
My 30 Days' PNL
2025-01-04~2025-02-02
+$8.32
+67.38%
DeepSeek is the name of a free AI-powered chatbot, which looks, feels and works very much like ChatGPT.
That means it's used for many of the same tasks, though exactly how well it works compared to its rivals is up for debate.
It is reportedly as powerful as OpenAI's o1 model - released at the end of last year - in tasks including mathematics and coding.
Like o1, R1 is a "reasoning" model. These models produce responses incrementally, simulating how humans reason through problems or ideas.
Deepseek says it has been able to do this cheaply - researchers behind it claim it cost $6m (£4.8m) to train, a fraction of the "over $100m" alluded to by OpenAI boss Sam Altman when discussing GPT-4.
It has also seemingly be able to minimise the impact of US restrictions on the most powerful chips reaching China.
DeepSeek's founder reportedly built up a store of Nvidia A100 chips, which have been banned from export to China since September 2022. Some experts believe he paired these chips with cheaper, less sophisticated ones - ending up with a much more efficient process.
DeepSeek also uses less memory than its rivals, ultimately reducing the cost to perform tasks for users.
That combination of performance and lower cost helped DeepSeek's AI assistant become the most-downloaded free app on Apple's App Store when it was released in the US.
The same day, it was hit with "large-scale malicious attacks", the company said, causing the company to temporary limit registrations.
Its website also experienced outages.
Like many other Chinese AI models - Baidu's Ernie or Doubao by ByteDance - DeepSeek is trained to avoid politically sensitive questions.
When the BBC asked the app what happened at Tiananmen Square on 4 June 1989, DeepSeek did not give any details about the massacre, a taboo topic in China, which is subject to government censorship.
#DeepSpeekImpact #Deepseekdeepthinkr1response
#ai
That means it's used for many of the same tasks, though exactly how well it works compared to its rivals is up for debate.
It is reportedly as powerful as OpenAI's o1 model - released at the end of last year - in tasks including mathematics and coding.
Like o1, R1 is a "reasoning" model. These models produce responses incrementally, simulating how humans reason through problems or ideas.
Deepseek says it has been able to do this cheaply - researchers behind it claim it cost $6m (£4.8m) to train, a fraction of the "over $100m" alluded to by OpenAI boss Sam Altman when discussing GPT-4.
It has also seemingly be able to minimise the impact of US restrictions on the most powerful chips reaching China.
DeepSeek's founder reportedly built up a store of Nvidia A100 chips, which have been banned from export to China since September 2022. Some experts believe he paired these chips with cheaper, less sophisticated ones - ending up with a much more efficient process.
DeepSeek also uses less memory than its rivals, ultimately reducing the cost to perform tasks for users.
That combination of performance and lower cost helped DeepSeek's AI assistant become the most-downloaded free app on Apple's App Store when it was released in the US.
The same day, it was hit with "large-scale malicious attacks", the company said, causing the company to temporary limit registrations.
Its website also experienced outages.
Like many other Chinese AI models - Baidu's Ernie or Doubao by ByteDance - DeepSeek is trained to avoid politically sensitive questions.
When the BBC asked the app what happened at Tiananmen Square on 4 June 1989, DeepSeek did not give any details about the massacre, a taboo topic in China, which is subject to government censorship.
#DeepSpeekImpact #Deepseekdeepthinkr1response
#ai
#WORDOFTHEDAY✅
Binance New Weekly Series Answers of he Day
Theme : Lunar New Year 2025
#DeepSpeekImpact
Binance New Weekly Series Answers of he Day
Theme : Lunar New Year 2025
#DeepSpeekImpact
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