The same tech companies that have benefitted from the AI frenzy in the past year were getting pummeled before markets even officially opened on Monday. NEW YORK — Wall Street is tumbling Monday on fears the big U.S. companies that have feasted on the artificial-intelligence frenzy are under threat from a competitor in China that […]
Chinese AI assistant DeepSeek has become the top rated free app on Apple’s App Store in the US and elsewhere, beating out ChatGPT and other rivals. It’s powered by the open-source DeepSeek V3 model, which reportedly requires far less computing power than competitors and was developed for under $6 million, according to (disputed) claims by […]
DeepSeek’s New Model Gains International Attention as Meta’s Chief AI Scientist Declares Open Source Surpassing Closed Source In a recent development, the new AI model from DeepSeek is making waves internationally, drawing significant attention from the tech community. Meta’s Chief AI Scientist has acknowledged the growing trend of open-source models, stating that they are beginning […]
DeepSeek is an AI subsidiary primarily focused on high-performance open-source technology, emerging from High-Flyer Capital Management in China. Currently, DeepSeek is testing the R1-Lite-Preview, a reasoning-focused large language model (LLM) for potential use. In some test scenarios, the R1-Lite-Preview has demonstrated performance comparable to OpenAI’s O1-preview model, and in some cases, even superior capabilities. A […]