DeepSeek can undercut larger ChatGPT, ace investor Mary Meeker warns

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Artificial intelligence (AI) forerunners like OpenAI could soon face serious competition from cheaper rivals such as China’s DeepSeek, according to renowned Silicon Valley analyst and investor Mary Meeker.

Meeker, an early investor in companies like Meta, Spotify, and Airbnb, told the Financial Times that AI will create “multiple companies worth $10 trillion” — and not all of them will be based in North America. “The wealth creation will be extraordinary. We’ve never had a five-billion-user market that was this easy to reach,” she added.

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DeepSeek can undercut larger ChatGPT, ace investor Mary Meeker warns


Artificial intelligence (AI) forerunners like OpenAI could soon face serious competition from cheaper rivals such as China’s DeepSeek, according to renowned Silicon Valley analyst and investor Mary Meeker.

Meeker, an early investor in companies like Meta, Spotify, and Airbnb, told the Financial Times that AI will create “multiple companies worth $10 trillion” — and not all of them will be based in North America. “The wealth creation will be extraordinary. We’ve never had a five-billion-user market that was this easy to reach,” she added.

In…



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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