From Financial Modeling Prep: 2025-02-03 02:21:26

A Chinese startup, DeepSeek, is making waves in the U.S. AI market with its R1 reasoning model and DeepSeek V3 foundation model, challenging top-tier AI systems like OpenAI. Their AI chatbot surpassed OpenAI’s ChatGPT in U.S. App Store downloads within a week, using only $6 million in computing resources.

DeepSeek’s success highlights China’s progress in AI, but analysts caution that it hasn’t surpassed the U.S. yet. U.S. export restrictions on advanced semiconductors have limited China’s ability to innovate, forcing companies like DeepSeek to optimize existing resources instead of making groundbreaking advancements.

Concerns over DeepSeek’s access to data have led to discussions in Washington about further tightening restrictions on AI-related exports to China. The competition between China and the U.S. in the AI race raises questions about who will lead the next generation of AI technologies and the importance of U.S. technology in shaping global AI development.



Read more at Financial Modeling Prep:: DeepSeek’s AI Model Sparks New Concerns in the U.S…