A new player has shaken the AI industry. DeepSeek, until recently a little-known Chinese start-up has launched DeepSeek-R1, a low-cost AI model challenging OpenAI’s ChatGPT, which is a stark reminder that the US is no longer the only competitor in the global AI race.
But DeepSeek isn’t just competing: it’s influencing how new AI models are trained and deployed. As an open-source platform, it allows companies to benefit from its innovation.
So what does this mean for US technology companies? DeepSeek adds momentum to the AI race, pushing US tech firms to innovate faster. And beyond the tech sector, it makes it’s making it easier and cheaper for non-tech companies to adopt generative AI.
With AI development accelerating worldwide, the US is pouring even more capital into maintaining its lead. The AI race is far from over.
Listen to UBP’s latest Investment Rendezvous podcast now to learn more about this fast-developing theme.