OpenAI founder Sam Altman acknowledges the success of ChatGPT. He has reacted to Chinese AI startup DeepSeek’s rapid rise in the AI world and also stated that it is revitalizing to have a new competitor. Altman gives hints at potential new releases by OpenAI to counter DeepSeek’s R1 reasoning model.
Altan wrote in a post of X,
“deepseek’s r1 is an impressive model, particularly around what they’re able to deliver for the price. we will obviously deliver much better models and also it’s legit invigorating to have a new competitor! we will pull up some releases.”
The Open AI CEO said
“but mostly we are excited to continue to execute on our research roadmap and believe more compute is more important now than ever before to succeed at our mission. the world is going to want to use a LOT of ai, and really be quite amazed by the next gen models coming.”.
DeepSeek is a Chinese AI startup founded in 2023 by Liang Wenfeng. He is also the head of the Chinese quant hedge fund High Flyer. The company also shot to fame last month after various types of benchmarks that can show the V3 large language model (LLM) performances. V3 large language model (LLM) outperformed many popular US tech giants which are being developed at a much lower cost.
DeepSeek’s LLMs are built at low cost but with higher processing power than its competitors. During a paper presentation, researchers said the V3 model used older Nvidia H800 chips for training and cost around 5.6million. This is a paltry sum compared to the billions that AI giants like Microsoft, Meta, and OpenAI have committed to spend the year alone. These low-cost models are more threatening for the AI companies like OpenAI, Meta, and others.
