DeepSeek, a Chinese startup, has launched an AI chatbot that rivals OpenAI's ChatGPT in performance but costs 95% less to run. This has sparked a wave of optimism in Canada's AI sector, with leaders believing that DeepSeek's success demonstrates the potential for further innovation and disrupts the perception that major U.S. investments are the only path to groundbreaking AI.
TORONTO — An artificial intelligence chatbot made by Chinese startup DeepSeek may have sent tech stocks plunging Monday and conjured up fears from rivals, but Canada ’s AI leaders appear to have a much more optimistic take on the buzzy competitor.
He says there's an inclination to think the race is done because many U.S. AI firms had early success and have since invested billions into the technology. Billot was hopeful Canada's AI history and assets will create a great opportunity for companies in the country to disrupt the AI world next.
ARTIFICIAL INTELLIGENCE DEEPSEEK CHATBOT CANADA INNOVATION
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