DeepSeek is shaking up the AI industry with cost-efficient large-language models it claims can perform just as well as rivals from giants like OpenAI and Meta. The Chinese startup says its flagship R1 reasoning model is capable of achieving “performance comparable” to OpenAI’s o1 equivalent, while the newly-released Janus Pro multimodal AI model can supposedly outperform Stable Diffusion and DALL-E 3.
DeepSeek’s ChatGPT competitor quickly soared to the top of the App Store, and the company is disrupting financial markets, with shares of Nvidia dipping 17 percent to cut nearly $600 billion from its market cap on January 27th, which CNBC said is the biggest single-day drop in US history.
. The AI assistant is powered by the startup’s “state-of-the-art” DeepSeek-V3 model, allowing users to ask questions, plan trips, generate text, and more. As downloads of DeepSeek’s app spiked, the startup began restricting signups due to “malicious attacks.”
Launched in 2023 by Liang Wenfeng, DeepSeek has garnered attention for building open-source AI models using less cash and fewer GPUs when compared to the billions spent by OpenAI, Meta, Google, Microsoft, and others. If DeepSeek’s performance claims are true, it could prove that the startup managed to build powerful AI models despite strict US export controls preventing chipmakers like Nvidia from selling high-performance graphics cards in China.
Here’s all the latest on DeepSeek.
- OpenAI CEO Sam Altman on DeepSeek R1: “an impressive model.”
- Trump says he’ll put tariffs on imported chips ‘in the near future’
- Nvidia’s market cap drops by almost $600 billion amid DeepSeek R1 hype.
- Nvidia responds to the DeepSeek hype.
- DeepSeek says its newest AI model, Janus-Pro can outperform Stable Diffusion and DALL-E 3.
- DeepSeek’s top-ranked AI app is restricting sign-ups due to ‘malicious attacks’
- China’s DeepSeek AI is hitting Nvidia where it hurts