On Monday, Deepseek said it would temporarily limit user registrations “due to major malicious attacks” on its services, although existing users will be able to log in as usual.
The Chinese AI startup has generated a lot of buzz in recent weeks as a fast-growing rival to CHATGPT OpenAi, Google’s Gemini and other leading AI tools.
Earlier on Monday, DeepSeek AppleApp Store, Dethroning Chatgpt for Deepseek’s AI Assistant. He helped inspire a A significant sale in global technology stocks.
Buzz about the company, which was founded in 2023 and released its R1 model last week, expanded to Tech analysts, investors and developers say the hype—and the fear of being left behind in the ever-changing AI hype cycle—may be justified. Especially in the era of the generative AI arms race, where tech giants and startups alike are racing to ensure they don’t fall behind in the market expected to be made from 1 trillion dollars in revenue within a decade.
Deepseek reportedly grew out of a Chinese hedge fund’s AI research unit in April 2023 to focus on large-scale language models and achieve artificial general intelligence, or AGI – a branch of AI that equals or surpasses human intellect on a wide range of tasks, which is openly and His rivals say they are fast being persecuted.
The buzz around Deepseek in particular started to spread last week, when the startup released R1, its reasoning model that rivals OpenAi’s O1. It’s open source, meaning any AI developer can use it and it’s rocketed to the top of the app stores and industry leading boardswith users praising its performance and reasoning capabilities.
The startup models were extremely built despite the US Chip export posting in China three times in three years. Estimates vary on how much DeepSeek’s R1 costs or how many GPUs went into it. Jefferies analysts estimated that a recent version had “a training cost of only US$5.6 million (assuming 2/800 hours of rental costs). That’s less than 10% of the cost TargetLlama. ”
But regardless of the specific numbers, reports agree that the model was developed at a fraction of the cost of rival models by OpenAi, anthropic, Google and others.
As a result, the AI sector is fraught with questions, including whether the growing number of astronomical funding rounds and billion-dollar valuations are necessary—and whether the bubble will burst.
