Themes - DeepSeek, Kimi And AI Efficiency Paradigm Shift (Pt.2)
Summary
* DeepSeek has multifold lower opex and cluster costs than Western rivals, but its total capex is likely a lot closer.
* Despite US chip restrictions, DeepSeek has sustained its AI advancements through innovative training strategies.
* DeepSeek is scaling up with potential outside funding and deeper collaboration with Huawei.
Training
One of the most misunderstood aspects of DeepSeek is its infrastructure expertise. Thanks to High Flyer's previous work, DeepSeek has developed a le
