DeepSeek AI Shocks US Stock Market

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DeepSeek R1 breakthroughs

BGR

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Technology

We finally know the secret sauce behind DeepSeek's AI breakthroughs that shocked the world

Summary

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73% Informative

DeepSeek AI released a wildly impressive ChatGPT rival that went viral a few weeks ago .

The AI company didn't have access to the latest hardware for AI development.

This feat wiped $1 trillion from the US stock market as investors were spooked that hardware would not continue to be the most important thing in AI .

The company plans to launch a big DeepSeeks R2 reasoning model upgrade, and it’s rushing to have it out by May .

High-Flyer recruited young engineers fresh from school, working side-by-side with them and allowing them to take ownership of DeepSeek research projects.

These engineers are also very well paid, with senior data scientists earning about $206,000 a year.

The Reuters report might paint a rosier picture than it actually is, but we shouldn’t expect the same level of transparency from Chinese companies.

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