Investors thinking capital spending to build artificial intelligence (AI) infrastructure will continue to soar were thrown a curveball earlier this year. China’s privately held DeepSeek announced its new R1 large language model (LLM) cost only $6 million to build, and big AI tech stocks plunged.
But it’s unclear exactly what went into building DeepSeek’s model, and large U.S.-based tech companies reiterated plans to continue to spend billions to grow data center and AI compute power…
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https://finance.yahoo.com/news/2-hyper-growth-tech-stocks-142100270.html
