DeepSeek: all the news about the startup that’s shaking up AI stocks
Chinese startup DeepSeek claims its AI models can match the performance of those made by OpenAI and Meta — but at a fraction of the cost.
DeepSeek is shaking up the AI industry with cost-efficient large-language models it claims can perform just as well as rivals from giants like OpenAI and Meta. The Chinese startup says its flagship R1 reasoning model is capable of achieving “performance comparable” to OpenAI’s o1 equivalent, while the newly-released Janus Pro multimodal AI model can supposedly outperform Stable Diffusion and DALL-E 3.
DeepSeek’s ChatGPT competitor quickly soared to the top of the App Store, and the company is disrupting financial markets, with shares of Nvidia dipping 17 percent by 2PM on January 27th. The AI assistant is powered by the startup’s “state-of-the-art” DeepSeek-V3 model, allowing users to ask questions, plan trips, generate text, and more. As downloads of DeepSeek’s app spiked, the startup began restricting signups due to “malicious attacks.”
Launched in 2023 by Liang Wenfeng, DeepSeek has garnered attention for building open-source AI models using less cash and fewer GPUs when compared to the billions spent by OpenAI, Meta, Google, Microsoft, and others. If DeepSeek’s performance claims are true, it could prove that the startup managed to build powerful AI models despite strict US export controls preventing chipmakers like Nvidia from selling high-performance graphics cards in China.
Here’s all the latest on DeepSeek.
Summary
Title: Unveiling DeepSeek: Revolutionizing AI Stocks with Cost-Efficient Models
Chinese startup DeepSeek has emerged as a game-changer in the AI industry, offering cost-efficient large-language models that rival those created by established giants like OpenAI and Meta. Their flagship R1 reasoning model and the newly-released Janus Pro multimodal AI model have been making waves with claims of outperforming competitors such as OpenAI’s o1 and Stable Diffusion/DALL-E 3 respectively.
DeepSeek’s ChatGPT competitor has quickly climbed the ranks, securing the top spot in the App Store. This success has not gone unnoticed in the financial markets, as evidenced by Nvidia’s shares taking a 17 percent hit following DeepSeek’s advancements. Their AI assistant, powered by the cutting-edge DeepSeek-V3 model, offers a range of functionalities from answering questions to generating text, attracting a surge in app downloads. However, due to increased malicious attacks, the startup has been compelled to restrict sign-ups.
Founded in 2023 by Liang Wenfeng, DeepSeek has distinguished itself by developing open-source AI models at a fraction of the cost and resources utilized by industry leaders like OpenAI, Meta, Google, and Microsoft. Despite facing challenges posed by US export controls on high-performance graphics cards, DeepSeek’s ability to deliver powerful AI models showcases their innovation and resilience within the competitive landscape.
In conclusion, DeepSeek’s disruptive approach to AI development is reshaping the industry, offering promising alternatives to traditional players. Their ability to achieve comparable performance levels at a reduced cost signifies a significant shift in the paradigm of AI development, positioning DeepSeek as a key player to watch in the evolving landscape of artificial intelligence.
References:
1. The Verge: https://www.theverge.com/
2. CNBC: https://www.cnbc.com/
3. CBS News: https://www.cbsnews.com/
4. Reuters: https://www.reuters.com/
This article was summarized using ChatGPT
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