AI Altcoins Suffer Major Losses as DeepSeek Rises – BitRss

During the Asian trading hours, artificial intelligence (AI) altcoins experienced significant depreciation. According to CoinGecko, the AI altcoin category declined by 9%. The market’s attention has shifted to the DeepSeek model, which reportedly outperforms OpenAI. Meanwhile, the cryptocurrency-based gaming sector grapples with investment declines and user base issues.

DeepSeek’s Financial Efficiency Impacts AI Altcoins

DeepSeek shared insights through Hugging Face, revealing that the model was developed with fewer resources than OpenAI. Achieving this success with a budget of only $6 million and limited GPU utilization has astonished the industry. Technology Executive Ali Yılmaz stated, “DeepSeek’s approach could establish a new efficiency standard in the AI field.”

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This development has raised concerns about fluctuations in GPU demand. Cryptocurrency investors believe that the spread of cost-effective solutions could alter the sector&rsq…