DeepSeek V4 Just Broke the Math on $500 Billion in AI Capex
中文摘要
DeepSeek V4 颠覆了 AI 巨头数千亿美元的资本支出逻辑，挑战了顶尖实验室的投资假设。
English Summary
DeepSeek V4 disrupts the $500 billion AI capex model, challenging the core investment thesis of frontier AI labs.
原文节选
Two game theories, one disruptor, and an investment thesis the frontier labs cannot solve their way out of. Continue reading on Medium »