PANews reported on January 27 that Castle Island Ventures co-founder Nic Carter wrote on the X platform that Deepseek's breakthrough technology has overturned many traditional perceptions in the field of AI, including that China will only develop closed-source technology, Silicon Valley is the center of AI development and has a huge first-mover advantage, OpenAI's moat is unshakable, top model development requires tens of billions of dollars, and the "fat model" hypothesis (the value will be concentrated in the model itself). He pointed out that these mainstream views have been shaken or even overturned, and the industry landscape is being reshaped.

In addition, Deepseek has significantly reduced the cost of inference, which is 30 times lower than the cost of inference of OpenAI's most advanced model, making AI embedded applications cheaper and more common. Nic Carter believes that although this innovation may change the proportion of AI capital expenditure from training to inference, it will not weaken the equity value of infrastructure companies such as GPUs and data centers. On the contrary, the increase in inference demand will accelerate the transition from traditional technology to full AI embedding.

He also reiterated his doubts about the "fat model hypothesis", believing that model companies (such as OpenAI and Anthropic) will face serious capital consumption difficulties due to the rise of high-quality open source models and intensified competition, but this will not affect the value of companies at the AI infrastructure level. He expects the market to fluctuate greatly in the short term, but there is no need to panic in the long run.