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Chinese AI lab DeepSeek released a powerful new coding model Friday that charges pennies for vast amounts of code — the latest sign that some of the smartest software on Earth is rapidly becoming a commodity.
Why it matters: Tech giants are pouring hundreds of billions of dollars into the computing infrastructure powering the AI revolution. Yet the intelligence that infrastructure produces is getting cheaper by the week.
Zoom in: DeepSeek is the same Chinese startup that ignited a market meltdown last January by showing it could build a world-class AI model with far fewer resources than its U.S. rivals.
