Comment by dmix

6 hours ago

The Chinese companies will need to pay their bills eventually too.

> The Chinese companies will need to pay their bills eventually too.

What bills? Deepseek has been profitable for long time.

  • Do you have a source I can read? All I see on Google are random blog posts mostly debunking that idea. Profit margins on API tokens isn't the same as running a profitable long term business, or bringing returns on the large amount of funding they got.

Their purchasing costs are much lower proportionally.

China has cheaper electricity and a more capable grid for the industrial type usage levels they need to drive.

  • Data centers don't really cost less in China. Perhaps even more due to trade restrictions and the difficulty of smuggling the chips in.

    Electricity is a small part of the bill.