China's DeepSeek says its hit AI model cost just $294,000 to train (reuters.com)

Does it mean they're training new models using previous model snapshots?

$300k sounds very cheap for enterprises. Just 1 L5 FAANG engineer salary

Here we go again... The media will take one number out of context and run with it. My barber will then ask me if I heard about this deepseek AI that's gonna run on raspberry pis and if nvda is dead. We've been here before. I'm more and more convinced that it was simply a market play and nothing more.