Newsdeck: China’s DeepSeek says its hit AI model cost just $294,000 to train

[Daily Maverick - Zambia] - 19/09/2025
BEIJING, Sept 18 (Reuters) - Chinese AI developer DeepSeek said it spent $294,000 on training its R1 model, much lower than figures reported for U.S. rivals, in a paper that is likely to reignite debate over Beijing's place in the race to develop artificial intelligence.
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