"China's DeepSeek threw the multi-billion-dollar AI industry into chaos recently with the release of its R1 model, which is said to compete with OpenAI's o1 despite being trained on 2,048 Nvidia H800s and at a cost of $5.576 million. However, a new report claims that the true costs incurred by the firm were $1.6 billion, and that DeepSeek has access to around 50,000 Hopper GPUs."
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