Tag: AI chips

China’s DeepSeek Sparks Debate After Disrupting Global Tech
Tech News

China’s DeepSeek Sparks Debate After Disrupting Global Tech

China’s DeepSeek AI Faces Scrutiny Over Bold Claims Chinese AI startup DeepSeek has made headlines by unveiling its AI model, R1, which it claims was built for just $5.6 million using 2,000 Nvidia H800 GPUs. This announcement challenges the dominance of US tech giants like OpenAI and Google, which have spent hundreds of millions on similar AI models. DeepSeek’s claim also raises doubts about the effectiveness of US export restrictions on advanced AI chips. Skeptics, however, question the feasibility of such a low-budget AI breakthrough. Some argue that DeepSeek may have had access to more powerful chips and hidden funding. OpenAI’s GPT-4, for example, reportedly cost over $100 million to train, using an estimated 25,000 high-end Nvidia H100 GPUs. Critics, including Oculus VR founder Pa...
Tech News

Should Taxpayers Provide Billions to Support Struggling Intel?

Just days after the Biden administration awarded Intel the largest grant under the CHIPS and Science Act, the company's long-time CEO stepped down. This has raised concerns, as experts worry about the government giving so much taxpayer money to a company struggling financially. Scott Lincicome, from the Cato Institute, expressed concern about the situation, especially because Intel received nearly $8 billion in grants from the Commerce Department, following a $3 billion defense contract in September. With CEO Pat Gelsinger stepping down due to mismanagement, Lincicome sees red flags, suggesting that the government might be treating Intel as "Too Big to Fail," potentially leading to more government support and bad decisions down the line. Lincicome worries that thi...