this post was submitted on 28 Jan 2025
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DeepSeek AI launch sees $1tn wiped off world’s biggest tech companies (www.independent.co.uk)
submitted 3 days ago by tonytins@pawb.social to c/technology@lemmy.world
51 comments fedilink hide all child comments
 

DeepSeek is an AI assistant which appears to have fared very well in tests against some more established AI models developed in the US, causing alarm in some areas over not just how advanced it is, but how quickly and cost effectively it was produced.

[...]

Individual companies from within the American stock markets have been even harder-hit by sell-offs in pre-market trading, with Microsoft down more than six per cent, Amazon more than five per cent lower and Nvidia down more than 12 per cent.

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[–] PrincessLeiasCat@sh.itjust.works 32 points 3 days ago (6 children)

Serious question -

From either a business or government/geopolitical standpoint, what is the benefit of them making it open source?

[–] mosiacmango@lemm.ee 66 points 3 days ago* (last edited 3 days ago) (3 children)

Knocking 1 trillion dollars out of a global rivals stock market for one.

For two, making huge, huge headlines that drive huge, huge investment for your future, locked up models. That's why facebook released llama.

I think the first is a bonus, and the later is the reason. Deepseeks parent company is some crypto related thing which was stockpiling GPUs and opted to pivot to AI in 2023. Seems to have paid off now.

[–] L_Acacia@lemmy.ml 12 points 3 days ago (1 children)

Ollama isn't made by facebook, the llama models are. Ollama is juste a cli wrapper arround llama.cpp, both of which are FOSS projects.

[–] mosiacmango@lemm.ee 4 points 3 days ago

Good catch. I did mean llama. Ill edit.

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