An alternative explaination...
Deepseek is a side project for a hedge fund.
Shorting NVIDIA & releasing everything including the source would have a high probability of being hugely profitable, with almost zero downside if it went unnoticed.
Deepseek is a side project for a hedge fund.
Shorting NVIDIA & releasing everything including the source would have a high probability of being hugely profitable, with almost zero downside if it went unnoticed.
If it was a public US company releasing Deepseek, and you shorted nvidia based on inside knowledge, presumably you'd fall foul of insider trading rules?
But it’s a consequence of your highly concentrated effort on the primary project (DeepSeek), not a side project.