Tech mogul Palmer Luckey doubts DeepSeek claims, says media fell for 'CCP propaganda'
Briefly

Palmer Luckey, an American entrepreneur, criticized the media's uncritical reporting on DeepSeek’s AI capabilities, specifically accusing them of oversimplifying the company's claims about its low training costs compared to US firms. He argues that the reported $5 million investment lacks transparency, particularly regarding the total expenses involved in developing their model. Despite acknowledging their impressive advancements, Luckey warns that the media's portrayal could create undue harm to US companies amid market fluctuations, as seen with Nvidia’s significant losses following DeepSeek's rise.
Luckey emphasized that DeepSeek's reported $5 million training cost for its AI model should be viewed skeptically, as many underlying costs remain undisclosed.
He claimed that the media's uncritical acceptance of DeepSeek's data is harmful to US companies, especially in light of recent market impacts on firms like Nvidia.
Read at New York Post
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