OpenAI CEO Sam Altman said that it was "invigorating" to have new competition in the AI industry with DeepSeek's emergence.

The recent surge of the potentially disruptive R1 AI model by Chinese startup DeepSeek is forcing tech leaders from OpenAI, Microsoft, and Nvidia to speak up to reassure investors.

DeepSeek R1 outshines OpenAI's ChatGPT with lower costs, open-source tech, and superior efficiency, challenging US dominance in AI innovation.

It's hard to overstate just how impactful DeepSeek has been. In a couple of days, it rattled the entire AI industry, shattering the aura of invincibility that OpenAI (and American tech companies in ge

OpenAI CEO Sam Altman said the AI startup will release better models than those of China's DeepSeek, whose powerful low-cost AI model triggered a tech selloff in the U.S. and called into question Silicon Valley's lead in the global AI race.

As Chinese AI model from DeepSeek makes waves in the U.S., tech industry leaders have mixed reactions. While some praise its efficiency, others are sceptical

Altman and Musk were OpenAI’s founding co-chairs in 2015, but their relationship has devolved into name-calling and lawsuits.

The CEO of the US-based AI firm, Sam Altman said, "We will obviously deliver much better models and also it's legit invigorating to have a new competitor! We will pull up some releases." To note, DeepSeek owned by Chinese billionaire Liang Wenfeng, has been making waves with its large language models (LLMs).

DeepSeek was reportedly developed in just two months at a cost of under $6 million — a stark contrast to the billions typically spent by US giants.

NVIDIA shares dropped 12% in pre-market trading as the world was captivated by AI models from the Chinese startup DeepSeek.

The $500 billion Stargate project will be critical to "maintain American leadership in AI," one of the partners said in a statement.