Does AI need all that money? (Tech giants say yes)

The Guardian 

It's been another wild few days in Elon Musk news. Stay tuned for our coverage. In personal news, I deleted Instagram from my phone to try out a month without it there. Instead of scrolling, I've been listening to Shygirl and Lady Gaga's new music. DeepSeek roiled the US stock market last week by proposing that AI shouldn't really be all that expensive. The suggestion was so stunning it wiped about 600bn off of Nvidia's market cap in one day.

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