0 73

What is DeepSeek?

What is DeepSeek?

DeepSeek is shaking up the AI industry with cost-efficient large-language models it claims can perform just as well as rivals from giants like OpenAI and Meta. 

A Chinese lab has created what appears to be one of the most powerful “open" AI models to date.

The model, DeepSeek V3, was developed by the AI firm DeepSeek and was released on Wednesday under an MIT license that allows developers to download and modify it for most applications, including commercial ones.

DeepSeek V3 can handle a range of text-based workloads and tasks, like coding, translating, and writing essays and emails from a descriptive prompt.

How Does DeepSeek Compare to Existing AI Models?

How Does DeepSeek Compare to Existing AI Models?
Source: DeepSeek’s release paper

Key insights about DeepSeek

  • Efficient Design: Activates only 37 billion of its 671 billion parameters for any task, thanks to its Mixture-of-Experts (MoE) system, reducing computational costs.
  • Top Performance: Scores 73.78% on HumanEval (coding), 84.1% on GSM8K (problem-solving), and processes up to 128K tokens for long-context tasks.
  • Open-Source: Accessible to businesses and developers without heavy infrastructure costs.

Applications

  • Code Generation: Automates coding, debugging, and reviews.
  • Business Processes: Streamlines workflows and data analysis.
  • Education: Assists with personalized learning and feedback.

DeepSeek Impact

Deepseek made a splash in a short period in the AI industry:

OpenAI CEO Sam Altman about DeepSeek R1

 “an impressive model.”Now that a Chinese startup has captured a lot of the AI buzz, what happens next?

The ChatGPT boss says of his company, “we will obviously deliver much better models and also it’s legit invigorating to have a new competitor,” 

openai sam altman

DeepSeek top 1 app in AppStore

DeepSeek top 1 app in AppStore

DeepSeek crashed the US stock market

Nvidia (NVDA), the leading AI chip supplier, experienced a record-breaking market value loss of $588.8 billion in a single day, a drop of nearly 17%. This loss surpassed the previous $240 billion record set by Meta. Nvidia, which started the day as the most valuable publicly traded company at over $3.4 trillion, fell to third place behind Apple and Microsoft.

The tech sector faced widespread declines, with companies like Meta, Alphabet, Marvell, Broadcom, Micron, and TSMC seeing sharp drops. Other industries, including energy and data center companies, also tumbled. The tech-heavy S&P 500 was significantly impacted, as technology comprises 45% of its weight.

Market concerns arose due to questions about the sustainability of US dominance in AI and potential overspending. DeepSeek, a Chinese AI entrant, has sparked investor uncertainty and a shift toward evaluating undervalued Chinese tech companies, despite geopolitical risks.

Key earnings reports from tech companies in the coming weeks could further influence market volatility.

Links

Comments:

Please log in to be able add comments.