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Nvidia falls 14% in premarket trading as China's DeepSeek triggers global tech sell-off(www.cnbc.com)

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cross-posted from: https://lemm.ee/post/53805638

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Tramort@programming.dev
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It’s about cheap Chinese AI

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CheeseNoodle@lemmy.world
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I wouldn’t be surprised if China spent more on AI development than the west did, sure here we spent tens of billions while China only invested a few million but that few million was actually spent on the development while out of the tens of billions all but 5$ was spent on bonuses and yachts.

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