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            Eye on the Market

            DeepSeek and the sincerest form of flattery

            The sincerest form of flattery: on DeepSeek, NVIDIA, OpenAI and the futility of US chip bans

            The DeepSeek episode can be two things at once: (i) a reflection of impressive Chinese AI innovation in the face of US chip bans and other restrictions, and (ii) the by-product of probable terms of service and copyright violations by DeepSeek against OpenAI. A Shakesperean irony: OpenAI may have had its terms of service violated after spending years training their own models on other people’s data. Warning: this piece is very geeky.

            About Eye on the Market

            Since 2005, Michael has been the author of Eye On The Market, covering a wide range of topics across the Markets, investments, economics, politics, energy, municipal finance and more.

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