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I guess I don't understand how much Deepsek relies on Nvidia but the reason it was such a huge blow to Nvidia and Open AI is because it basically undermined everything they've been saying about their progress and the resources they need to generate the kind of AI power. Deepseek was a humiliation to American AI, the Nvidia stock definitely seemed to prove that
Few points - deepseek r1 is comparable to o1 model which can do reasoning.deepseek is free and can be downloaded by anyone to run and be run locally also deepseek requires fewer resources to run. In short you get cheaper open source model that can be downloaded by anyone instead of giving open ai or Anthropic 20 $ per month