Chinese artificial art assistant Deepseek has become Free application for first rating In the Apple App Store in the US and elsewhere, knocking out Chatgpt and other competitors. It is based on the open source DeepSeek V3 model, which reportedly requires much less computing power than competitors, and was developed for less than $6 million, according to (according to (according to (reported (reported (reported (reported (reports (reports (reports (reports (reports (reports (according to (reports (according to (reports (according to (reports (according to data) (according to (according to (according to (according to (according to reports (according to reports (according to (according to (disputed) the company's claims. At the same time, it offers performance that on par with Claude-3.5, GPT-4O and other competitors, DeepSeek said last weekField
Available via web, app, and API, DeepSeek is similar to an AI assistant like CHATGPT, with features such as coding generation and research. Its first release, DeepSeek-R1, is available under the MIT license, so it can be used commercially and without restrictions.
The company is headquartered in Hangzhou, China and was founded in 2023 by Liang Wenfeng, who also launched Hedge Fund Backing Deepseek. To develop the technology, he reportedly stockpiled up to NVIDIA A100 chips USA export to and connected those with less powerful chips that could still be imported, according to MIT Technology ReviewField
However, Deepseek was still at a significant hardware disadvantage next to competing models from Openai, Google and others. This forced the company to be more efficient with its AI models, and supposedly be able to create and train them at a much lower cost than previously thought.
Analysts at Citi and elsewhere questioned these claimshowever, and pointed out that China is a “more restrictive environment” for AI development than the United States. However, DeepSeek's growth has raised concerns about the profit potential of competitors such as Openai, which have already invested billions in AI infrastructure. In fact, the news that Deepseek topped the App Store charts sent tech stocks like Nvidia and ASML sharply lower this morning.
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