Likelihood DeepSeekβs $7B hedge fund parent is shorting $NVDA and considered this into their decision to open-source their model while emphasizing its $5M training cost?
Elon Musk on DeepSeek:
He says, DeepSeek βobviouslyβ has ~50,000 Nvidia H100 chips that they canβt talk about due to US export controls.
Interesting.
While the news about #Deepseek over the weekend has the #market on its heels this morning, the markets were ripe for a pullback. Deepseek was the catalyst.
@soberlook