Madison Alworth of Fox Business reports on the recent spending initiatives by Big Tech following the debut of Deepseek on “Morning with Maria.”
The AI startup Deepseek from China has unveiled new AI models that compete with cutting-edge options from American firms such as OpenAI.
The latest iteration, Deepseek-V3-0324, features significant enhancements to the V3 major language model, improving performance in crucial areas like inference and coding, based on benchmark data released on the AI development platform on Tuesday.
This model is now accessible via the Hugging Face Platform.
Deepseek has ventured into Silicon Valley, presenting capabilities comparable to chatbots like OpenAI’s ChatGPT, yet incurring only a fraction of the development expenses.
What is the Chinese AI startup Deepseek?
The Chinese AI firm Deepseek is designing chatbots that compete with OpenAI’s ChatGPT and others. (Getty Images, File/Getty Images)
The company claims that the V3 model utilized under $6 million in computing resources from 2,000 NVIDIA H800 chips, achieving performance comparable to OpenAI and META’s most sophisticated models.
The Chinese AI application Deepseek will be visible on Apple’s US App Store starting January 27th. (Photo Alliance by Christoph Dernbach/Getty Images/Getty Images)
A China-based firm has emerged, prompting scrutiny regarding the substantial investments made by leading US tech corporations in cutting-edge chips and extensive data centers for AI model training.
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The “Baron Round Table” discussion takes a deeper dive into what investors should understand about Chinese AI firms.
Additionally, it symbolizes a “Sputnik moment” AI Race reflecting the ongoing rivalry between the US and China, with perceptions that the US is advancing ahead of its international competitor in developing new technologies.
Contributions to this report were made by Eric Revell and Anders Hagstrom of Fox Business Digital.
