Wasn’t that figure just the cost of the GPUs and nothing else?
If you lease, those costs are amortized. It was definitely more than $5M, but I don't think it was as high as $100M. All things considered, I still believe Deepseek was trained at one (perhaps two) orders of magnitude lower cost than other competing models.
https://interestingengineering.com/culture/deepseeks-ai-trai...