😱 That's why the market is panicking!

Chinese startup DeepSeek has created a powerful AI model for just $10 million, and it's much cheaper than OpenAI. So DeepSeek is spending $2.19 per 1 million tokens, while OpenAI is spending $60 per 1 million tokens. Tokens are pieces of text that AI processes to understand and respond, and when they talk about the cost per million tokens, they mean how much it costs for AI to process or generate text of about 750 to 1,000 words.

DeepSeek has developed AI that runs autonomously on smartphones, without the need for additional servers from the company, thereby showing that expensive video cards are no longer needed. This threatens companies like NVIDIA and other players in the AI ​​industry, as investors may lose faith in the payback of their technologies.

A Chinese company with a team of just 200 people has created a competitor to ChatGPT-4, but it is tens of times cheaper, faster and more accessible, and open source has made their technology available to everyone. The news has caused panic in the market, as giants like NVIDIA risk losing up to $2 trillion.