DeepSeek, a Chinese startup, has launched AI models that rival industry leaders in the US at a fraction of the cost, causing a stir in the global AI community. DeepSeek’s AI Assistant, powered by DeepSeek-V3, has surpassed ChatGPT on Apple’s App Store, raising questions about the US tech industry’s massive investment in AI.
Chinese startup DeepSeek’s launch of its latest AI models, which it says are on a par or better than industry-leading models in the United States at a fraction of the cost, is threatening to upset the technology world order.
The release of OpenAI’s ChatGPT in late 2022 caused a scramble among Chinese tech firms, who rushed to create their own chatbots powered by artificial intelligence. They are also cheaper to use. The DeepSeek-R1, released last week, is 20 to 50 times cheaper to use than OpenAI o1 model, depending on the task, according to a post on DeepSeek’s official WeChat account.
ChatGPT makers OpenAI define AGI as autonomous systems that surpass humans in most economically valuable tasks.
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