The AI race is hotting up, and tech companies who felt they had an upper hand since 2023 are suddenly facing the heat with the launch of a low-cost and probably effective Chinese AI assistant titled DeepSeek.
Having been in the market for a few months now, the scale that DeepSeek received in terms of downloads on App stores is phenomenal and many regions across the world have witnessed the AI assistant being downloaded much more than ChatGPT.
Backed by hedge fund High-Flyer, DeepSeek’s models – DeepSeek V3 and DeepSeek-R1, used lesser training data than its big boys competition and can address tasks as quickly as ever.
The Chinese AI assistant’s instant and focused rise has made other LLM models by Nvidia, Meta, Microsoft and Google take a deep look at this disruptor and brought a noticeable fall in the markets.
While this news could be a flash in the pan for many, and the novelty factor of AI models giving DeepSeek a great push, we are witnessing times when AI assistants are becoming a norm, and people seem to be taking to them like fish to water.
Are Asian companies giving American tech sleepless nights, or will we see a tech world where AI platforms with faster compute speed and better training data co-exist with global AI policies in place?
The AI race is heating up, and companies and tech enthusiasts are watching each move closely.
AI to the rescue and assisting societal growth; hand-in-glove!
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