Tech Word News’ Madison Alworth reports on Big Tech’s latest expenditure efforts following Deepseek’s rise during “Morning with Maria.”
China’s artificial intelligence (AI) startup Deepseek has released a new AI model, intensifying its competition with advanced models from American companies like OpenAI.
The new model, Deepseek-V3-0324, received a major update to its large V3 language model, enhancing performance in key areas such as reasoning and coding, according to Reuters. The findings were based on comparative tests published on the AI platform Hugging Face.
The updated model is now available through the Hugging Face platform.
Deepseek has garnered attention in Silicon Valley for its ability to match the capabilities of chatbots like OpenAI’s ChatGPT at a fraction of the development cost.
What is China AI Startup Deepseek?
Chinese AI company Deepseek is developing a chatbot that competes with OpenAI’s ChatGPT. (Getty Images, File / Getty Images)
Deepseek stated that its V3 model was trained using computing power worth less than $6 million, utilizing 2,000 NVIDIA H800 chips to achieve performance levels comparable to the most advanced models from OpenAI and Meta.
The Chinese AI Deepseek application is seen at the Apple Store on January 27. (Christoph Dernbach / Picture Alliance via Getty Images / Getty Images)
The emergence of this Chinese company has raised questions about the strategies of U.S. tech firms, which have invested billions in advanced chips and large data centers for AI model training.
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The “Barron’s Roundtable” panel takes a closer look at what investors need to know about the Chinese AI company.
This development also marks a “Sputnik moment” in the AI race between the U.S. and China, challenging the perception that the U.S. holds a significant advantage over its geopolitical rival in this emerging field.
Eric Revell and Anders Hagstrom contributed to Tech Word News Digital.
