Why Is Everyone Talking About DeepSeek?

A Chinese AI model called “DeepSeek” has been sparking discussion on the future of the AI sector. A paper published in December claimed that training DeepSeek-V3 cost less than $6 million dollars worth of computing power. This is far more affordable than the figures cited by US tech companies, who have received billions in investments. Search engine company Baidu created the ChatGPT equivalent, which sent shock waves through the tech industry on Monday. This has called into question whether or not AI advancements could be more efficient than previously believed. (Reuters)