Technology

This is a main part of the reason, yes. They actually innovated and did something that pushed the technology forward to be much more efficient, which we first saw with DeepSeek R1 for different reasons.

I see, I will look on some yt video who explain this in depth

Shit I didn't know about this. I wonder if there are any funds that won't buy into this crap.

Yep this will be the fourth or fifth record breaking upward transfers of wealth I've lived through. I really don't want to live through another.

Yeah, the whole plan is to have every US citizen's 401k's autobuy into the SpaceX IPO.

Your retirement fund is Elon's exit liquidity.

Its a truly fantastic fraud.

Because... the Nasdaq... well a few weeks ago it changed its rules on the delay time between an IPO and it being part of the index, the index that everyone's 401k's buy into.

I guess you could say its going to be 'epic' when this all blows up.

See this is basically how the us economy works:

Poors roll over negative equity into their next car loan.

The ever diminishing 'middle class' basically does the same with homes, helocs, etc.

The owners roll over debt via corporate amalgamations.

But because the rich have a magical legal barrier of 'all the bad and dumb things i do are a legal fiction doing them, not me personally', well, the legal fiction gets what its due and/or evaporates when it can't pay what it owes... and the rich remain on top.

Yeehaw!

Matter of Interpretation. It's not a time-limited discount anymore so it's "permanent" in that sense, but there's no commitment to not again raise the price later.

china is expanding energy tremendously to the point that the USA simply cannot compete. Even if data centers all get built tomorrow they will soon bottleneck because energy demands can’t be met in a timely manner. The median time to get a new power plant online is 5 years. Meanwhile china is investing heavily not only in expansion of their grid, but expansion into renewable energy. They’ve added 8x the power to their grid that the us did just in 2023 and if anything their pace has risen since then. Their renewable grid is 3x the size of the entire us grid

In terms of raw performance US firms were months ahead and that gap is shrinking. Dola-seed is ranked second behind opus by us firms with a gap of under 3% in benchmark performance

This performance gap closing and energy superiority is why ultimately DeepSeek v4 pro outperforms opus 4.6. Opus is the clear winner, but not by a very appreciable amount, and ranges from 11-26x more expensive. Chinas hardware isn’t more efficient but their energy superiority puts them way ahead; their cloudmatrix uses well over 100% more energy than nvidia g200 but their energy costs are sometimes as little as 1/8th American costs per kWh

The race to superiority here is ultimately does America substantially update and expand their grid before Chinas domestic chip manufacturing bridges the hardware gap that has been created by things like export controls? My money is on China here; Huawei, SMIC, etc have an engineering problem that is rapidly being addressed with gigantic state sponsorship (and frankly the major bottleneck is EUV lithography, which they are actively pursuing, though this is an issue that even with tens of billions will take many years to catch up to the west). While those barriers are real the American barriers are an extremely complex regulatory system (which is ultimately why trump is being directed to gut everything in terms of environmental and worker protections), funding (the oligarchs want this but not enough to part with their money, they want us to fund it), and unlike China the US drastically changes trajectory every 4-8 years.