DeepSeek founder claiming its model cost $6m then (hypothetically) having his quant fund short Nvidia — which is down 16% (~$500B) today — would be “Soros Breaking the British Pound” for AI age.
Discussion
Ow! That explains a few things.
It's most likely fake data and they have used cards that are more advanced but cannot claim having those due to embargo on specific chipsets.
It's an epic earthquake on the markets nevertheless.
A well orchestrated attack by the market makers, MM are running the show pretty well. Fun to watch.