DeepSeek And The Plunge in US Stock Market

6 months ago 38

What is DeepSeek?

In 2023, a bold startup emerged from Hangzhou, China, making waves by launching its first AI large language model before the year was out.

Last month, DeepSeek made waves in the AI industry with the release of a new model, claiming it could stand toe-to-toe with top players like OpenAI’s ChatGPT — only this one comes at a fraction of the cost.

How does it compare with ChaptGPT?

As of today, the users of ChatGPT and DeepSeek feel that ChatGPT produces better conversational or creative output than DeepSeek.

However, according to the users, DeepSeek is better than ChatGPT for more technical tasks like logical reasoning, coding, or mathematical equations.

For most queries, though, it seems ChatGPT and DeepSeek are equal. Even being equal is bad news for OpenAI and ChatGPT because DeepSeek is entirely free for most use cases.

For companies using AI APIs, the price difference between two similar models might be enough to make them switch from OpenAI’s ChatGPT to DeepSeek. After all, it’s all about money honey!