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Deepseek Disrupts Wall Street
Closer Look at Chinese AI Model
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Deepseek Disrupts Wall Street
AI Resource
11 New Quick Hits & Useful Resources
3 Trending AI Tools
Read Time: 5 Minutes
LATEST NEWS
🌪️ Deepseek Disrupts Wall Street
Image Source: Deepseek
The Veroneus: According to The Verge, DeepSeek, a new AI model from China, is being developed in response to advancements by companies like NVIDIA and OpenAI.
The Details:
DeepSeek's new R1 model reportedly outperforms leading AI systems from American companies while being developed at a fraction of the cost, approximately $6 million.
Nvidia's stock dropped by 17%, translating to a loss of nearly $600 billion in market value, following the announcement of DeepSeek's advancements
The R1 model was built using Nvidia's less advanced H800 chips, raising questions about the necessity of high-end technology for effective AI development.
U.S. officials and industry leaders are concerned that DeepSeek's success indicates potential vulnerabilities in U.S. tech supremacy and could provoke a renewed focus on competition with China in the AI sector.
The Significance: This development indicates a possible change in the global AI landscape, questioning the belief that only large investments in cutting-edge technology can produce better AI systems. It brings up important concerns regarding the sustainability of U.S. tech valuations and the effectiveness of export controls designed to restrict China's technological progress.
We Value Your Opinion 💡
Should the U.S. prioritize rapid AI development to maintain its competitive edge against China's advancements? |
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More About Deepseek
In the past week, there has been a lot of excitement in the AI world surrounding the new Chinese AI model, Deepseek R1. This model has gained attention for its cost efficiency, innovative software solutions, hardware workarounds, and its potential to disrupt the open-source landscape, among other factors.
So, we have gathered all Deepseek news for you below:
DeepSeek, a rapidly growing AI app, is restricting new user registrations due to large-scale malicious cyberattacks. (The Verge)
Sam Altman’s response to Deepseek R1 Model (X)
Viral AI company DeepSeek releases new image model family (TechCrunch)
DeepSeek caused a $600 billion freakout in market (Yahoo)
Perplexity AI deploys Chinese deepSeek AI model (Search Engine Journal)
Lastly, see how Deepseek stacks up against ChatGPT in our detailed comparison below!
AI RESOURCES
Latest Resources
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QUICK HITS & USEFUL RESOURCES
⚡️Quick Hits & Useful Resources
Meta AI is enhancing its virtual assistant to be smarter and more personalized (Meta)
Reid Hoffman’s Manas AI raises $24.6M, a fraction of other AI drug discovery startups (TechCrunch)
iOS 18.3 is out with tweaks to AI notification summaries (The Verge)
Sam Altman posted an image with Microsoft CEO and mentions
Grok 3 seemingly went live for some users (TechCrunch)
TRENDING AI TOOLS
🛠️ AI Tools
Nowadays - It is an AI-powered corporate event planning tool that simplifies the organization of events by acting as an in-house planner, addressing unique company needs, and negotiating with venues globally.(Source: Product Hunt)
Basedash - It is an AI-native business intelligence platform that allows users to generate insightful charts and dashboards from their data using natural language queries, making data visualization accessible without requiring SQL knowledge. (Source: Product Hunt)
Sense - It is an AI tool that organizes resources from various applications into spaces and analyzes their relationships, supporting popular tools like Confluence, Google Drive, and Slack. (Source: Product Hunt)
That’s a Wrap for Today!
Thank You for Reading
We appreciate your time and curiosity. Remember to keep innovating, growing, and striving for excellence in all you do.
Until next time, stay inspired.
Take care,
Veroneus Newsletter
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