Share prices for companies from European gas turbine builders and uranium miners to natural gas producers and electric utilities dove earlier this month after Chinese upstart AI developer DeepSeek announced its new model R1.
Tag: DeepSeek
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HOW DEEPSEEK SURPRISED THE WORLD
A tech prodigy starts a research-level company and hires a team of creative young engineers unhampered by experience. The company uncovers a loophole that lets it gain access to some newer U.S.-made AI chips.
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HOW GOOD—AND HOW INEXPENSIVE—IS DEEPSEEK’S R1 REALLY?
Since DeepSeek’s new R1 chatbot made its debut, experts across the industry have put it through paces ranging from writing Dad jokes to complex math calculations.
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DEEPSEEK ERASES FUNDAMENTAL ASSUMPTIONS ABOUT AI
Stock markets’ ebullience through much of 2024 was due to AI. Nvidia became a $3-trillion company as it piled up back orders for its state-of-the-art AI chips.
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HAS DEEPSEEK POPPED THE AI INDUSTRY’S BUBBLE?
Now DeepSeek, a Chinese AI skunkworks, says its R1 AI model cost just $6 million to develop. Tests show that it performs about as well on many tasks as the newest systems from Anthropic, Google, and OpenAI.
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NEW MILLENNIUM WARFARE: CHINESE AND IRANIANS EMPLOY AI IN REVAMPED HACKING ATTACKS
The U.S. has been dealing with a new breed of hackers tied to adversarial countries like China and Iran who have been employing generative AI to carry out high-tech cyberattacks, according to a report.
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DOT.COM BUST 2.0? CHINA’S DEEPSEEK MAKES CLAIMS THAT COULD REVOLUTIONIZE AI MARKET…AND CRASH U.S. STOCK MARKET.
Chinese start-up DeepSeek is offering a free AI assistant that it claims to have trained for $6 million instead of the $100-million-plus OpenAI and other Western developers have spent to create their models. Due to the DeepSeek AI announcement, Nvidia lost $589 billion in market value yesterday, the biggest one-day loss ever in the U.S. stock market.