DeepSeek’s $5 million number is to hurt US companies and there are lot of American idiots who hype it, says Palmer Luckey who sold his company for billions to Facebook – The Times of India

Palmer Luckey, the American entrepreneur who sold his AR/VR hardware company Oculus to Facebook and founded defence technology comany Anduril, is skeptical of the recent hype surrounding Chinese AI startup DeepSeek and its claims about the cost of training its AI models. In a Fox Business interview, Luckey criticized the US media for what he…

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Deepseek is ‘IP theft’: US officials raise alarm; Microsoft had alerted OpenAI – The Times of India

OpenAI, the creator of ChatGPT, claims to have evidence that Chinese artificial intelligence startup DeepSeek used OpenAI‘s proprietary models to train its competing AI system.The San Francisco-based company discovered what it believes to be signs of “distillation” by DeepSeek, a technique where developers use outputs from larger AI models to improve the performance of smaller…

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China’s DeepSeek fuels US stock market chaos: Tech stocks slump, NVIDIA plunges 17% – what we know so far – The Times of India

Wall Street faced a major shock on Monday as Chinese AI startup DeepSeek emerged as a formidable competitor, triggering a sell-off in US tech stocks. NVIDIA, one of the biggest beneficiaries of the AI boom, saw its stock plunge by 17.95%, to $117.02 at 3pm EST. This development came after DeepSeek, a Chinese startup founded…

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