Google's AI chief set to invest USD 100 billion in AI development to stay ahead of rivals
11 months, 2 weeks ago

Google's AI chief set to invest USD 100 billion in AI development to stay ahead of rivals

India TV News  

When we speak of artificial intelligence, everything is about a smart working ecosystem along with a lot of money. As per Google's AI boss, the company is set to invest more than USD 100 billion in AI development and further aim at maintaining its edge over competitors. However, the pursuit of Artificial General Intelligence – AI capable of human-like reasoning – will come at a steep price and will be developing advanced AI models like Google's LLM and OpenAI's GPT series that demand substantial financial resources, and will cost which will escalate over time. Image Source : FILEAI About investment allocation A significant portion of Google's investment is expected to be directed towards chip development, which has been designed to specialize chips which will enable the companies to optimize computing power for training AI models. Stanford University's AI index report has revealed that OpenAI's GPT-4 required around USD 78 million worth of computing power for training, a significant jump from the USD 4.3 million spent on GPT-3 in 2020.

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History of this topic

China floods the world with new low-cost AI models after DeepSeek’s success, undercutting OpenAI, Google, and others
Trending News
5 days, 23 hours ago

China floods the world with new low-cost AI models after DeepSeek’s success, undercutting OpenAI, Google, and others

Hindustan Times  

DeepSeek did more than just show the AI industry you don’t have to spend billions to build artificial intelligence. Since DeepSeek upstaged OpenAI in January with a powerful model that purportedly cost just several million dollars to build, China’s tech leaders have flooded the market with a rapid succession of low-cost AI services, undercutting premium offerings from the likes of …

Inside Google’s Two-Year Frenzy to Catch Up With OpenAI
1 week, 4 days ago

Inside Google’s Two-Year Frenzy to Catch Up With OpenAI

Wired  

But more piles of fascinating research are only useful to Google if they generate that most important of outputs: profit. That’s a classic strategy for Google, of course, one that long ago spread to the rest of Silicon Valley: Give us your data, your time, and your attention, check the box on our terms of service that releases us from …

Ben Stiller, Mark Ruffalo Among 400 Hollywood Celebs Leading AI Copyright Battle Against OpenAI, Google
1 week, 4 days ago

Ben Stiller, Mark Ruffalo Among 400 Hollywood Celebs Leading AI Copyright Battle Against OpenAI, Google

ABP News  

A coalition of over 400 Hollywood figures, including Ben Stiller, Mark Ruffalo, and Paul McCartney, has formally voiced opposition to efforts by Google and OpenAI to loosen copyright protections for artificial intelligence training. Hollywood Rejects AI Companies’ Arguments The debate stems from recent submissions by OpenAI and Google, which suggest that loosening copyright restrictions would bolster the US in the …

Nvidia, Elon Musk's xAI to join Microsoft, BlackRock to develop AI infrastructure
1 week, 5 days ago

Nvidia, Elon Musk's xAI to join Microsoft, BlackRock to develop AI infrastructure

The Hindu  

Nvidia and Elon Musk's xAI have joined a consortium backed by Microsoft and BlackRock to expand artificial intelligence infrastructure in the U.S., the companies said on Wednesday, as a global race to dominate the nascent technology intensifies. The group, formed last year with a goal to initially invest more than $30 billion in AI-related projects, is one of the biggest …

Now Hiring! This Tech Firm To Recruit Hundreds As AI Unicorns Expand In India
3 weeks ago

Now Hiring! This Tech Firm To Recruit Hundreds As AI Unicorns Expand In India

ABP News  

Fleet management startup Motive Technologies is set to more than double its workforce in India, becoming part of the growing trend of Silicon Valley-based artificial intelligence unicorns expanding their presence in the South Asian country. "The AI talent density in Bangalore rivals the Bay Area," said Shoaib Makani, CEO of Motive and a former Google and Khosla Ventures executive. AI …

Cost of intelligence: Can AI sustain itself?
3 weeks ago

Cost of intelligence: Can AI sustain itself?

New Indian Express  

Artificial intelligence firms are grappling with significant financial challenges despite rapid growth. With projected losses of $5 billion in 2024 against revenues of $3.7 billion, the company is struggling to sustain the high costs of running advanced AI models while maintaining user accessibility. This highlights a broader issue in the AI industry: balancing innovation, scalability and profitability in a sector …

Investors want a piece of DeepSeek. Its founder says not now.
3 weeks ago

Investors want a piece of DeepSeek. Its founder says not now.

Live Mint  

The founder of Chinese artificial-intelligence star DeepSeek has rejected proposals to make quick money from his programs, telling prospective investors that he wants to keep the science-project ethos that brought him global renown. Other internet companies are using the free DeepSeek code to drive their own businesses.Yet founder Liang Wenfeng has told associates he isn’t in a hurry to get …

U.S. drops bid to make Google sell AI investments in antitrust case
3 weeks, 3 days ago

U.S. drops bid to make Google sell AI investments in antitrust case

The Hindu  

The U.S. Department of Justice on Friday dropped a proposal to force Alphabet's Google to sell its investments in artificial intelligence companies, including OpenAI competitor Anthropic, to boost competition in online search. The DOJ and a coalition of 38 state attorneys general still seek a court order requiring Google to sell its Chrome browser and take other measures aimed at …

AI firm Anthropic valued at $61.5 billion in funding round
4 weeks ago

AI firm Anthropic valued at $61.5 billion in funding round

The Hindu  

Anthropic on Monday announced it has raised $3.5 billion in a funding round that valued the artificial intelligence startup at $61.5 billion. The funding round was led by Lightspeed Venture Partners, and the list of those taking part included Salesforce Ventures, Fidelity Management, and Bessemer Venture Partners, according to Anthropic. Along with Claude 3.7 Sonnet, the San Francisco-based company made …

Meta is reportedly in talks to build a massive AI data centre campus that would cost over $200 billion
1 month ago

Meta is reportedly in talks to build a massive AI data centre campus that would cost over $200 billion

India Today  

Meta is reportedly exploring plans to build a massive data centre campus to support its artificial intelligence projects, with costs potentially exceeding $200 billion, according to The Information. However, a Meta spokesperson dismissed the report, stating that the company’s data centre plans and spending have already been disclosed and that anything beyond that is “pure speculation.” Last month, Meta CEO …

DeepSeek a wake-up call for global AI industry
Trending News
1 month, 1 week ago

DeepSeek a wake-up call for global AI industry

China Daily  

The DeepSeek logo is seen in this illustration taken Jan 27, 2025. Compare that to the over $100 million routinely spent by the leading US companies, and the implications become clear: China is not just building AI capability, rather it is doing it in a smarter way. For too long, the conversation around China's AI progress has been framed in …

Satya Nadella highlights ‘phenomenal’ use of AI in Baramati, Elon Musk reacts
1 month, 1 week ago

Satya Nadella highlights ‘phenomenal’ use of AI in Baramati, Elon Musk reacts

Live Mint  

Satya Nadella's Microsoft is at the forefront of AI technology, thanks to its partnership with OpenAI. One such case highlighted by Satya Nadella is the use of AI to increase the yield of a small farm in Baramati, Maharashtra. Sharing a video on X where he talked about the positive impact of AI, Satya Nadella said, “The one example that …

Alibaba to invest over $53 billion in AI over next 3 years in response to Trump's Stargate
1 month, 1 week ago

Alibaba to invest over $53 billion in AI over next 3 years in response to Trump's Stargate

Firstpost  

Alibaba’s cloud business has been seeing steady growth, with revenue climbing 13 per cent year-over-year to $4.35 billion in the last quarter. AI-related product revenue has surged for six consecutive quarters, recording triple-digit growth Alibaba has been experiencing a rapid surge in demand for AI-powered solutions, with Wu revealing that since the Chinese New Year, approximately 60-70% of new demand …

Alibaba to invest over $53 billion in AI over next 3 years in response to Trump's Stargate
1 month, 1 week ago

Alibaba to invest over $53 billion in AI over next 3 years in response to Trump's Stargate

Firstpost  

Alibaba’s cloud business has been seeing steady growth, with revenue climbing 13 per cent year-over-year to $4.35 billion in the last quarter. AI-related product revenue has surged for six consecutive quarters, recording triple-digit growth Alibaba has been experiencing a rapid surge in demand for AI-powered solutions, with Wu revealing that since the Chinese New Year, approximately 60-70% of new demand …

Manish Tewari | India and the global AI race: Winning strategies
Trending News
1 month, 1 week ago

Manish Tewari | India and the global AI race: Winning strategies

Deccan Chronicle  

At the recent Munich Security Conference, US Vice-President J.D. A report by Change Engine ranks India 14th in AI research contributions, accounting for just 1.4 per cent of the global total, while the US and China lead with 30.4 per cent and 22.8 per cent contributions, respectively. Experts suggest that, to secure a competitive position, India must boost its AI …

Google develops AI co-scientist to aid researchers
1 month, 1 week ago

Google develops AI co-scientist to aid researchers

The Hindu  

Google has developed an AI tool to act as a virtual collaborator for biomedical scientists, the U.S. blue chip said on Wednesday. The new tool, tested by scientists at Stanford University in the U.S. and Imperial College London, uses advanced reasoning to help scientists synthesize vast amounts of literature and generate novel hypotheses, the company said. Google's AI unit, DeepMind, …

Elon Musk unveils Grok-3 to outperforms Google, OpenAI and more
1 month, 2 weeks ago

Elon Musk unveils Grok-3 to outperforms Google, OpenAI and more

India TV News  

Elon Musk unveils Grok-3 to outperforms Google, OpenAI and more With Grok-3’s powerful advancements, AI competition is heating up, and Musk’s xAI is positioning itself as a major player in the industry. During a live-streamed demo event, Musk stated, “We’re very excited to present Grok-3, which is, we think, an order of magnitude more capable than Grok-2 in a very …

Google, Telangana ink MoU to develop, deploy AI solutions for various sectors
1 month, 2 weeks ago

Google, Telangana ink MoU to develop, deploy AI solutions for various sectors

The Hindu  

Google and Telangana government on Thursday entered into a memorandum of understanding for developing and implementing AI solutions across key sectors, including agriculture, as well as empowering startups and accelerating workforce development. A release from the Chief Minister’s office said Google will partner with the Telangana government to develop AI-powered agricultural solutions to empower farmers and improve mobility via transit …

AI to Reshape Job Market, Says Google X Founder
1 month, 2 weeks ago

AI to Reshape Job Market, Says Google X Founder

Deccan Chronicle  

Bengaluru: While asking young people to prepare themselves for new roles owing to Artificial Intelligence impact on job market, Sebastian Thrun, founder of Google X on Thursday stated “Approximately 60 percent of current jobs may disappear but far more jobs will emerge as a result of AI and other technologies” and assured “AI will work alongside human workers to create …

AI Beyond Chatbots: How Artificial Intelligence Is Changing Society
1 month, 2 weeks ago

AI Beyond Chatbots: How Artificial Intelligence Is Changing Society

The Hindu  

Published : Feb 13, 2025 14:58 IST - 1 MIN READ On the last weekend of January, a little-known Chinese company upended the tech world’s established order. DeepSeek, a Hangzhou-based artificial intelligence startup, rattled Silicon Valley giants and sent shockwaves through global markets after releasing its AI assistant. By the end of the weekend, the AI assistant had topped the …

Google’s ex-CEO Eric Schmidt urges open source AI models as DeepSeek looms
1 month, 2 weeks ago

Google’s ex-CEO Eric Schmidt urges open source AI models as DeepSeek looms

The Hindu  

Former Google CEO Eric Schmidt called for the development of open-source AI models, as U.S.-based AI firms reassess their model development plans following the entry of China’s DeepSeek R1, which was developed at a fraction of its rivals’ costs. Schmidt warned that unless action was taken, China would ultimately become an “open-source leader” while the rest of the world would …

Google's Jeff Dean says AI doing 25% Google coding, OpenAI CEO Sam Altman warns AI would replace developers
1 month, 2 weeks ago

Google's Jeff Dean says AI doing 25% Google coding, OpenAI CEO Sam Altman warns AI would replace developers

India Today  

Prime minister Narendra Modi, at the recent AI Action Summit in Paris, said that AI will not lead to job loss, it will just change the nature of work. Reiterating what Google CEO Sundar Pichai had said a while back, Google chief scientist Jeff Dean says that AI is writing 25 per cent of Google’s software right now. While many …

Indian companies are investing long term in AI, 76% already see positive returns, study shows
1 month, 2 weeks ago

Indian companies are investing long term in AI, 76% already see positive returns, study shows

Hindustan Times  

Several Indian companies are investing in Artificial Intelligence for the long term, with also a growing interest in using open-source tools, according to a study called ‘ROI of AI’ conducted by Morning Consult for IBM in collaboration with Lopez Research. The study revealed that 87% of Indian respondents made significant progress in executing their 2024 AI strategy It revealed that …

AI for industrial competitiveness: India role rises in global landscape
1 month, 2 weeks ago

AI for industrial competitiveness: India role rises in global landscape

Deccan Chronicle  

Artificial Intelligence is rapidly transforming industries, reshaping global competitiveness and fostering economic growth. As AI becomes a crucial enabler of industrial competitiveness, India is actively engaging with global stakeholders to ensure responsible AI deployment, data sovereignty, and ethical AI governance. Compared to global AI computation costs of $2.50-$3 per hour, India’s AI computation cost is projected to fall below Rs …

Google's AI boss casts doubts on DeepSeek's efficiency claims, calls them exaggerated and misleading
1 month, 3 weeks ago

Google's AI boss casts doubts on DeepSeek's efficiency claims, calls them exaggerated and misleading

Firstpost  

Google’s Hassabis acknowledged DeepSeek’s accomplishments but described its reported cost-efficiency figures as “exaggerated and a little bit misleading.” Hassabis also hinted that DeepSeek may have relied heavily on knowledge gained from existing Western AI models to develop its own. Image Credit: Reuters Demis Hassabis, CEO of Google DeepMind, has expressed doubts over recent claims made by Chinese AI startup DeepSeek …

AI to get more expensive to build but significantly cheaper to use: Sam Altman
1 month, 3 weeks ago

AI to get more expensive to build but significantly cheaper to use: Sam Altman

Firstpost  

Altman explained that gains in AI performance still depend on substantial investments in training and infrastructure. However, he expects the cost for users to access AI services to drop by a factor of ten every year, which could drive widespread adoption Economically, Altman predicts that AGI will drive down the cost of many goods, although prices for luxury items and …

AI will be the most profound shift of our lifetimes, says Sundar Pichai at Paris AI Summit
1 month, 3 weeks ago

AI will be the most profound shift of our lifetimes, says Sundar Pichai at Paris AI Summit

India Today  

At the AI Action Summit in Paris, global leaders, policy makers, and tech executives have come together to discuss the future of AI and its far-reaching implications. Google CEO Sundar Pichai also spoke on day 1 of the event, talking about how “AI will be the most profound shift of our lifetime”. But before that, he spoke about the Transformer …

Watch: How Macron plans to meet Trump's Stargate AI challenge | Firstpost exclusive
1 month, 3 weeks ago

Watch: How Macron plans to meet Trump's Stargate AI challenge | Firstpost exclusive

Firstpost  

France’s President Emmanuel Macron laid out his plans to challenge US President Donald Trump’s Stargate initiative which aims to boost development in the Artificial Intelligence. In an exclusive conversation with Firstpost and France TV, Macron announced that Europe will be announcing a €109 billion investment in AI, which is equivalent to what the US announced with Stargate. “They are going …

Amazon, Microsoft, Alphabet, and Meta to spend well over $300 billion on AI in 2025, fearing China
Trending News
1 month, 3 weeks ago

Amazon, Microsoft, Alphabet, and Meta to spend well over $300 billion on AI in 2025, fearing China

Firstpost  

Amazon, Microsoft, and Alphabet each saw sharp stock declines following their fourth-quarter earnings reports, which revealed steep increases in AI-related capital spending. Microsoft and Google’s market values dropped by $200 billion as their cloud divisions reported weaker growth Microsoft CEO Satya Nadella reaffirmed his commitment to spending $80 billion to expand Azure, emphasising the importance of capitalising on its early …

Tech giants double down on their massive AI spending
1 month, 3 weeks ago

Tech giants double down on their massive AI spending

Live Mint  

Tech giants projected tens of billions of dollars in increased investment this year and sent a stark message about their plans for AI: We’re just getting started. “We think virtually every application that we know of today is going to be reinvented with AI inside of it," Amazon Chief Executive Andy Jassy said on Thursday’s earnings call. Here is a …

Opinion: What China’s DeepSeek breakthrough really means for the future of AI
1 month, 3 weeks ago

Opinion: What China’s DeepSeek breakthrough really means for the future of AI

LA Times  

Last week, the Nasdaq stock exchange — which lists significant U.S. tech stocks — experienced a big drop. Although Nvidia’s share price has recovered some ground, analysts continue to second-guess ambitious AI infrastructure plans, including the company’s specialized graphics processing unit chips as well as massive data centers like those built and operated by Amazon. At first glance, reducing model-training …

OpenAI CEO calls India potential AI leader, sees 10x dip in key AI module cost in a year
Trending News
1 month, 3 weeks ago

OpenAI CEO calls India potential AI leader, sees 10x dip in key AI module cost in a year

Live Mint  

New Delhi, Feb 5 Two years after his dismissive stance on India's AI potential raised eyebrows here, OpenAI CEO Sam Altman on Wednesday gave a ringing endorsement to Artificial Intelligence momentum in the country -- and billed India as an important market not just for the new-age technology itself but for the ChatGPT creator as well. In New Delhi on …

OpenAI CEO Sam Altman critiques DeepSeek’s cost claims, says, ‘Some zeros missing!’
1 month, 3 weeks ago

OpenAI CEO Sam Altman critiques DeepSeek’s cost claims, says, ‘Some zeros missing!’

Live Mint  

OpenAI chief executive officer Sam Altman has hailed India as a significant market for artificial intelligence, revealing that the number of Indian users of OpenAI’s services has tripled in the past year. Altman, who is currently in India, discussed the future of AI in the country, OpenAI’s expansion plans, and the role of artificial general intelligence during an exclusive conversation …

DeepSeek Impact? OpenAI Chief Sam Altman Does A U-Turn On His Low-Cost AI Stance. Here's What He Said
1 month, 3 weeks ago

DeepSeek Impact? OpenAI Chief Sam Altman Does A U-Turn On His Low-Cost AI Stance. Here's What He Said

ABP News  

OpenAI CEO Sam Altman clarified his previous remarks regarding the development costs of advanced AI models during a fireside chat with India’s IT Minister Ashwini Vaishnaw on Wednesday. In 2023, Altman’s assertion that it was "totally hopeless" for smaller teams with limited budgets to compete with OpenAI in training foundational models had stirred significant debate within the AI community. His …

Artificial general intelligence could arrive much earlier than predicted, says SoftBank CEO Masayoshi Son
Trending News
1 month, 4 weeks ago

Artificial general intelligence could arrive much earlier than predicted, says SoftBank CEO Masayoshi Son

India Today  

The anticipation of the arrival of artificial general intelligence has been growing steadily. While OpenAI CEO Sam Altman recently said that AGI is just Twitter hype, his business partner, SoftBank CEO Masayoshi Son, has said that AGI will arrive much sooner than he predicted. Meanwhile, OpenAI CEO Sam Altman, in a recent post on X, said that AGI is just …

AI is Wall Street’s modern gold rush. Here’s how investors are placing their bets.
1 month, 4 weeks ago

AI is Wall Street’s modern gold rush. Here’s how investors are placing their bets.

Live Mint  

Artificial-intelligence evangelists such as Sam Altman want to reshape the world, but they need mountains of money to do it. Here’s a look at some of the big financial bets being placed in the new digital economy: Blue Owl builds a Stargate Stargate, a joint venture between Altman’s Open AI, Oracle and SoftBank, will start with a data center in …

DeepSeek vs Stargate Project: How AI spending is evolving, in charts
1 month, 4 weeks ago

DeepSeek vs Stargate Project: How AI spending is evolving, in charts

Live Mint  

Last month, US President Donald Trump announced the Stargate Project—a venture between OpenAI, SoftBank, Oracle and MGX that plans to invest up to $500 billion over four years to build new artificial intelligence infrastructure in the US. As per the Stanford AI Index Report 2024, OpenAI spent an estimated $78 million worth of compute resources to train GPT-4, while Google …

’Atal Tinkering Labs’, AI Centre of Excellence for education in budget
1 month, 4 weeks ago

’Atal Tinkering Labs’, AI Centre of Excellence for education in budget

The Hindu  

Union Finance Minister Nirmala Sitharaman announced in the budget presentation that the government would fund an Artificial Intelligence Centre of Excellence with an outlay of ₹500 crore. This follows the Economic Survey’s assertion that making sure education keeps up with technological advances in AI is a priority in making sure that India is able to leverage AI advancements. Over the …

‘Crisis or catalyst?’: Economic Survey calls for analysing AI impact on workforce ‘very seriously’
2 months ago

‘Crisis or catalyst?’: Economic Survey calls for analysing AI impact on workforce ‘very seriously’

Firstpost  

In the survey, Chief Economic Advisor V Anantha Nageswaran and his team emphasised how the perception of AI has changed dramatically in recent years The 2024-2025 economic survey elucidated the challenges Artificial Intelligence poses in the Labour Market. The survey pointed out that OpenAI has managed to initiate an “arms race” in developing AI technology among the big tech firms …

Mark Zuckerberg to invest over $65 billion as CAPEX for AI infrastructure, data centres in 2025
2 months ago

Mark Zuckerberg to invest over $65 billion as CAPEX for AI infrastructure, data centres in 2025

Firstpost  

In a recent post, Zuckerberh outlined how Meta plans to build a 2GW+ data centre. Zuckerberg also mentioned that by the end of 2025, Meta will have more than 1.3 million GPUs online, further powering its AI operations While Meta’s investment is no small feat, it still lags behind the hefty plans of its competitors. Image Credit: Reuters Meta is …

SoftBank eyes $40 billion OpenAI investment as US-China AI race heats up: Report
2 months ago

SoftBank eyes $40 billion OpenAI investment as US-China AI race heats up: Report

Live Mint  

Masayoshi Son-led SoftBank Group is in talks to lead a funding round of up to $40 billion in ChatGPT maker OpenAI at a valuation of $300 billion, according to a Reuters report. News of the funding comes as a new Chinese AI startup, DeepSeek, has overtaken ChatGPT as the top free app on US app stores, shattering notions of American …

Now, Alibaba claims its AI model has beaten OpenAI, DeepSeek, second Chinese AI model in a week to do so
2 months ago

Now, Alibaba claims its AI model has beaten OpenAI, DeepSeek, second Chinese AI model in a week to do so

Firstpost  

China’s growing influence in AI is evident as companies like DeepSeek, Alibaba, and Moonshot AI are challenging the traditional dominance of US tech giants Chinese tech giant Alibaba has unveiled its Qwen 2.5-Max AI model, boldly claiming it has surpassed DeepSeek’s well-regarded DeepSeek-V3 model. ByteDance, for instance, updated its flagship AI model shortly after DeepSeek’s R1 release, claiming it outperformed …

Microsoft and Meta defend massive AI investments amid rising competition from DeepSeek
2 months ago

Microsoft and Meta defend massive AI investments amid rising competition from DeepSeek

Live Mint  

In the wake of a breakthrough by Chinese upstart DeepSeek in affordable AI computing, executives at Microsoft and Meta have defended their significant investments in AI infrastructure, despite growing concerns over mounting costs and investor impatience. This rapid progress has sparked doubts about the U.S.'s dominant position in AI, with some observers questioning whether the enormous capital investments made by …

DeepSeek’s breakthrough is a pivotal moment for the democratization of AI
2 months ago

DeepSeek’s breakthrough is a pivotal moment for the democratization of AI

Live Mint  

The Center for AI Safety and Scale AI collaborated to create what they called ‘Humanity’s Last Exam,’ a test stuffed with 3,000 PhD-level questions from mathematics, humanities and life sciences. A new Turing Test for the age of AI, only three models got scores close to 10%: OpenAI o1, Google’s Gemini 2, and an unknown Chinese model called DeepSeek R1. …

DeepSeek’s big question: Where does AI’s true value reside?
2 months ago

DeepSeek’s big question: Where does AI’s true value reside?

Live Mint  

U.S. tech companies are used to some competition from China, but DeepSeek seems to be operating on another level. The given news that OpenAI is investigating whether DeepSeek trained its chatbot by repeatedly querying the U.S. company’s AI models to exfiltrate large volumes of data in a technical process called distillation. “I would say, personally, we have seen the Chinese …

Ashwini Vaishnaw praises DeepSeek, compares it to Centre's plan for local AI model
2 months ago

Ashwini Vaishnaw praises DeepSeek, compares it to Centre's plan for local AI model

India Today  

Union IT Minister Ashwini Vaishnaw has praised Chinese startup DeepSeek for shaking up the sector with its low-cost AI assistant, likening its frugal approach to the Centre's efforts to build a localised AI model. DeepSeek has triggered a dramatic rethink on artificial intelligence spending around the world, claiming it took just two months and cost under $6 million to build …

DeepSeek’s ‘Open AI’ Should Terrify Sam Altman
2 months ago

DeepSeek’s ‘Open AI’ Should Terrify Sam Altman

Bloomberg  

Since launching ChatGPT two years ago, OpenAI Chief Executive Sam Altman has maintained that his business is fueled by a few key ingredients: chips, data and money. Across the world, similar open-source models are being built, ready to eat into Altman’s market share with systems that are vastly cheaper or even free to use. That’s an unnerving prospect for businesses …

The DeepSeek Effect? Sam Altman vows OpenAI to fast track development of ‘better models,’ launch them soon
2 months ago

The DeepSeek Effect? Sam Altman vows OpenAI to fast track development of ‘better models,’ launch them soon

Firstpost  

Sam Altman acknowledged DeepSeek’s impressive performance, stating on X that the competition is “invigorating.” However, he emphasized that OpenAI is focused on delivering “much better models” and that computing power will be even more critical moving forward In response to the growing competition from Chinese AI startup DeepSeek, OpenAI CEO Sam Altman has pledged to fast-track product releases and deliver …

DeepSeek is disrupting American AI leadership
2 months ago

DeepSeek is disrupting American AI leadership

Salon  

In most technologies, the U.S. is perceived as the global leader in tech innovation. DeepSeek, a Chinese AI startup, announced they had met or exceeded several of Open AI’s performance benchmarks, using fewer older processors at a cost of less than $6 million. Ultimately, DeepSeek-R1 achieves performance comparable to OpenAI-o1-1217 on a range of tasks.” DeepSeek also uses a smaller …

DeepSeek effect: India should build cheaper AI models
2 months ago

DeepSeek effect: India should build cheaper AI models

New Indian Express  

This shows that countries, especially India, need not depend on advanced hardware and that this R1 model drives home the importance of innovation. The fact that they created this platform with under $6 million investments has shaken the tech CEOs globally highlighting that game changing innovations don’t necessarily need billion-dollar investments, he added. Narendra Bhandari, General Partner, Seafund, a deeptech …

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