China's DeepSeek says its hit AI model cost just $294,000 to train

Chinese AI developer DeepSeek said it spent $294,000 on training its R1 model, much lower than figures reported for U.S.

DeepSeek’s spending shows building AI doesn’t need billions

Now, thanks to a new paper in Nature, we finally have the receipts: $294,000 and 512 Nvidia H800 chips. That’s not pocket ...