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    Nat Quinn
    Keymaster

    OpenAI Chief Executive Officer Sam Altman welcomed the debut of DeepSeek’s R1 model in a post on X late on Monday.

    The Chinese artificial intelligence startup that rocketed to global prominence has delivered an “impressive model, particularly around what they’re able to deliver for the price,” Altman wrote.

    Acknowledging DeepSeek as a competitor, Altman said it was “invigorating” and OpenAI will accelerate the release of some upcoming products.

    Hangzhou-based DeepSeek roiled global stock markets on Monday, after the popularity of its eponymous AI chatbot appeared to undermine the assumption that better AI requires ever-greater computing power.

    Altman seemed to push back on the notion that future AI advances will be any less expensive to produce, saying his OpenAI team believes “more compute is more important now than ever before to succeed at our mission.”

    Shares of OpenAI’s partner SoftBank Group Corp. extended losses, falling 4.7% Tuesday morning in Tokyo.

    The two are helming a $100 billion (R1.9 trillion) push to build infrastructure to support OpenAI in the US.

     

    SOURCE:ChatGPT praises dark horse Chinese AI – MyBroadband

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