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VERY QUICKLY28 Jan 2025
Did DeepSeek just dethrone ChatGPT?
- In just a week’s time, DeepSeek, a little-known AI research lab from Hangzhou in China that released an open-source model on January 20, has become the #1 free app on US and UK app stores.
- The chatbot has gotten rave reviews —not only can it beat ChatGPT and Gemini at math problems, it was also made at a cost way, way, way lower than its American competitors.
- Developed in two months with a paltry $5.6 million, DeepSeek’s success, naturally, is making billionaires who have invested in AI (and lost a whopping US$108 billion on Monday) very, very angry.
