DeepSeek New Model Ignored: Fear & Greed at 26

DeepSeek launched its new model on May 28, 2024, targeting coding tasks. Developers ignore it amid China AI challenges and CoinGecko's Fear & Greed Index at 26. Bitcoin hit $77,564 on June 10, 2024, up 1.4% with $1,553.1 billion market cap (CoinGecko). US-China rivalry delays tools for Bangladesh's RMG factories and 700,000 freelancers (BASIS 2024 report).

Developers prefer OpenAI's GPT-4o and Google DeepMind. DeepSeek's open-source models on Hugging Face trail leaders by 80% in downloads (Hugging Face stats). Bangladesh IT firms like Brain Station 23 pause AI tests amid chip shortages. Dogecoin surged 10.6% to $0.11 ($16.9 billion cap).

Why Developers Shun DeepSeek New Model

DeepSeek claims cost-efficiency in benchmarks with matching inference speeds (DeepSeek tests, May 2024). US sanctions block Nvidia GPUs for Chinese firms. OpenAI updates weekly. Bangladesh University of Engineering and Technology (BUET) halts trials using unreliable Huawei Ascend chips.

Compute costs rise in BDT terms—$1 equals 117.50 BDT (Bangladesh Bank, June 10, 2024). Solana climbed 1.5% to $85.04 ($49.0 billion cap). Jessore freelancers choose US APIs for Upwork gigs, supporting $1.4 billion IT exports (BASIS).

Nvidia serves Western clients first. DeepSeek lags in training scale. XRP rose 0.6% to $1.40 ($86.1 billion cap). UK diaspora remittances via bKash hit $22 billion yearly (Bangladesh Bank), funding Jessore AI startups.

US-China AI Rivalry Slows Bangladesh Garment Tech

Export controls disrupt AI for RMG quality checks in Jessore factories. Chinese models offer 30% lower costs but lose trust (BIDA survey 2024). Fear & Greed at 26 freezes venture funds (CoinGecko).

BRAC University builds AI centers with $5 million grants. BNB gained 0.8% to $627.33 ($84.6 billion cap). Dhaka factories use Google Cloud for maintenance, lifting output 15%.

• Asset: BTC · Price (USD): 77,564 · 24h Change: +1.4% · Market Cap: 1,553.1B
• Asset: ETH · Price (USD): 2,330.50 · 24h Change: +2.2% · Market Cap: 281.3B
• Asset: SOL · Price (USD): 85.04 · 24h Change: +1.5% · Market Cap: 49.0B
• Asset: DOGE · Price (USD): 0.11 · 24h Change: +10.6% · Market Cap: 16.9B
• Asset: XRP · Price (USD): 1.40 · 24h Change: +0.6% · Market Cap: 86.1B

Crypto bolsters Dhaka hubs merging blockchain and AI for freelancing.

Bangladesh Pivots to US AI Amid DeepSeek Indifference

Bangladesh aims for 10% GDP from digital economy by 2028 (BIDA Digital Roadmap 2024). Freelancers seek affordable AI. Focus shifts to Meta's Llama 3 despite 20% higher US API costs in BDT.

Khulna RMG exporters test US pattern recognition, reducing defects 12% (BASIS case study). Privacy fears block Chinese data. USDC stable at $1.00 ($77.5 billion cap) aids Nagad cloud payments. Jessore's 5G boosts edge AI.

Funding dips at Fear 26. ADA rose 2.4% to $0.25 ($9.3 billion cap). Cardano draws interest for AI supply chain contracts.

Bangladesh Strategies in AI Rivalry

Hybrids mix DeepSeek open-source with US fine-tuning (TechCrunch). Government joins ASEAN AI frameworks (a2i). Jackson Heights diaspora sends $2 billion remittances via bKash for grants (World Bank 2024).

Blockchain ensures RMG AI meets EU rules. DeepSeek provides cheap entry; US leads without policy change. Bangladesh IT grows 18% YoY (BASIS), targeting $5 billion exports by 2028. DeepSeek new model indifference accelerates self-reliance.