More than 12,000 university jobs lost across UK
More than 12,000 university jobs have been cut across the UK in the past year, according to new analysis from the University and College Union (UCU), ...
Chinese AI startup DeepSeek has stirred conversation in the tech community by claiming that its AI models could achieve a “cost profit margin” of 545% under ideal conditions.
In a post on X, the company presented calculations based on “theoretical income” that suggest its online services, if fully billed at premium rates, could generate substantial daily revenue relative to operating costs.
According to DeepSeek, a 24-hour period of usage for its V3 and R1 models would yield an estimated $562,027 in revenue if all usage were billed at R1 pricing. In contrast, the cost of leasing the necessary GPUs for this level of service would have been approximately $87,072. These figures, detailed at the end of a longer GitHub post outlining its strategy for achieving higher throughput and lower latency, imply impressive profit margins when operating under optimal conditions.
However, DeepSeek acknowledged that actual revenue figures are “substantially lower” due to several factors. These include nighttime discounts, reduced pricing for its V3 model, and the fact that only a subset of its services is monetized—with its app and website remaining free to users. Critics note that while the calculations offer a glimpse into potential future profitability, they remain highly speculative given the various discounts and free offerings that currently impact overall revenue.
DeepSeek’s announcement comes amid broader industry debates over the cost structure and profit potential of AI services. The startup previously captured headlines in January when it unveiled a new model that, according to some benchmarks, matched the performance of OpenAI’s offerings despite being developed at a significantly lower cost and under the constraints of U.S. trade restrictions on powerful chips.
The company’s technology has also made an impact in the consumer space. At one point, the DeepSeek app briefly displaced OpenAI’s ChatGPT at the top of Apple’s App Store rankings before falling to a current position of #6 in the productivity category—positioned behind ChatGPT, Grok, and Google Gemini.
As the race for efficient and profitable AI technologies continues, DeepSeek’s bold profit margin claims underscore the high stakes and rapid innovation defining the industry. While the figures may point to an optimistic future, experts remain cautious, emphasizing that real-world performance and market dynamics will ultimately determine the financial viability of such models.
Video from the USGS (United States Geological Survey) showed on Friday (19 September) the Kilauea volcano in Hawaii erupting and spewing lava.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
Authorities in California have identified the dismembered body discovered in a Tesla registered to singer D4vd as 15-year-old Celeste Rivas Hernandez, who had been missing from Lake Elsinore since April 2024.
A powerful 7.4-magnitude earthquake struck off Russia’s Kamchatka Peninsula on 13 September with no tsunami threat, coming just weeks after the region endured a devastating 8.8-magnitude quake — the strongest since 1952.
From Sunday, all non-EU citizens, including British visitors, will face new biometric checks when entering and exiting the European Union under its long-delayed Entry/Exit System (EES).
The Royal Swedish Academy of Sciences announced that the 2025 Nobel Prize in Chemistry has been awarded to Susumu Kitagawa of Kyoto University, Richard Robson of the University of Melbourne, and Omar Yaghi of the University of California.
The 2025 Nobel Prize in Physics has been awarded to John Clarke, Michel H. Devoret, and John M. Martinis for their groundbreaking discovery of macroscopic quantum mechanical tunnelling and energy quantisation in electric circuits.
United States chipmaker AMD will supply artificial intelligence chips to OpenAI in a multi-year agreement that could generate tens of billions of dollars in annual revenue and give the ChatGPT maker the option to acquire up to 10% of the company.
The Nobel Prize in Physiology or Medicine 2025 has been awarded jointly to Mary E. Brunkow, Fred Ramsdell, and Shimon Sakaguchi for their ground breaking discoveries on peripheral immune tolerance.
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