DeepSeek is cratering markets this morning as the alternative to ChatGPT, Grok, Gemini, etc.; it is said to provide better results, use fewer resources, and is (for the moment) open source and free for light usage and prices modest for more resource intense requests.
Nvidia (NASDAQ:NVDA), the leading chip provider for AI development, is currently being hammered in the markets, with shares currently down by over 11%.
DeepSeek’s App on the iOAS App Store is now the top download as everyone rushes to see if claims of superiority are valid.
The Trump Administration recently announced an Executive Order seeking to make the US the leading country in terms of AI. DeepSeek’s claims will challenge that ambition.
According to WSJ.com, DeepSeek used just 2000 Nvidia chips to generate its V3 model compared to “tens of thousands” usually needed to accomplish the same goals.
🚀 DeepSeek-R1 is here!
⚡ Performance on par with OpenAI-o1
📖 Fully open-source model & technical report
🏆 MIT licensed: Distill & commercialize freely!🌐 Website & API are live now! Try DeepThink at https://t.co/v1TFy7LHNy today!
🐋 1/n pic.twitter.com/7BlpWAPu6y
— DeepSeek (@deepseek_ai) January 20, 2025
Yet, while markets are hitting the panic button, questions are arising as to the DeepSeek App’s intentions and the possibility of the Chinese government leveraging the App for nefarious ends. This morning, CNBC claimed that DeepSeek, once installed, has access to your email accounts. You may read the Terms of Service privacy policy here.
The Chinese Communist Party (CCP) is well known for stifling dissent and free speech. It actively censors any speech deemed to be unacceptable.
When testing the DeepSeek App, it refuses to respond to questions about the infamous Tiananmen Square incident in 1989 when the Chinese government massacred pro-democracy protestors. Interestingly, when asked about Hu Yaobang, a Chinese politician who was pro-reform and whose death helped to spawn the protests, DeepSeek App first starts to answer the question, only to erase its initial response and claim that the question is beyond its current scope.
