deepseek: ‘DeepSeek shows there is still room for better AI maths’

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China’s frugal development of DeepSeek is an outcome to US’ sanctions on supply of AI chips and an answer to American hyperscalers, private equities and AI startups that hoarding monies and chips cannot give them the lead in AI, said Darshan Hiranandani, CEO of Hiranandani Group, leading its real estate, energy, warehousing and data centres business.“They (OpenAI) garnered crazy amounts of money and scared everybody else saying, if you don’t have more GPUs, then you cannot compete with our maths. We are taking all the private equity money for…



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deepseek: ‘DeepSeek shows there is still room for better AI maths’


China’s frugal development of DeepSeek is an outcome to US’ sanctions on supply of AI chips and an answer to American hyperscalers, private equities and AI startups that hoarding monies and chips cannot give them the lead in AI, said Darshan Hiranandani, CEO of Hiranandani Group, leading its real estate, energy, warehousing and data centres business.“They (OpenAI) garnered crazy amounts of money and scared everybody else saying, if you don’t have more GPUs, then you cannot compete with our maths. We are taking all the private equity money for…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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