AI Model DeepSeek-R1 Challenges Dominance of US Firms
AI-Generated Summary
The DeepSeek-V3 model has been launched, boasting performance capabilities similar to OpenAI's models while costing significantly less. This development may challenge US AI firms amidst chip restrictions.
It is powered by the open-source DeepSeek-V3 model, which its researchers claim was developed for less than $6 million - significantly less than the billions spent by rivals.
