President Donald Trump’s artificial intelligence (AI) czar, David Sacks, is pointing to evidence that China’s DeepSeek AI startup spent a lot more money developing its models than has been reported.
DeepSeek sent the U.S tech sector into turmoil on Monday after reporting that it had spent only $5.567 million to train its DeepSeek-V3 AI model, which is purportedly competitive with some AI models developed in the United States that cost billions.
“New report by leading semiconductor analyst Dylan Patel shows that DeepSeek spent over $1 billion on its compute cluster,” Sacks wrote on X on Friday. “The widely reported $6M…