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Why DeepSeek’s new model is ‘a win’ for AI science

DeFi Daily News by DeFi Daily News
January 30, 2025
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DeepSeek has brought artificial intelligence (AI) competition to the forefront as the Chinese AI startup’s new model was created without the billions of dollars US Big Tech companies are spending. Former OpenAI go-to-market executive Zack Kass joins Seana Smith and Josh Schafer on Catalysts shares his thoughts on the DeepSeek model and its implications for the AI landscape at large. “If you care about AI progress and scientific progress, this is a win,” Kass says. “Being excited about progress in science is something that we should all want, and seeing the cost of a critical resource come down is also something we should want.” He notes, “It’s bothersome that it comes out of China [given ongoing geopolitical tensions], and it’s bothersome that it upsets our idea of how many chips we might need.” The former OpenAI executive underlines, “In a world where we need something — and in this case, we’re probably moving towards a world where we need AI to make progress, to build new economic systems — we want to make it as inexpensive as possible, and optimally, we want to live in a world where it’s distributed by lots of providers.” Watch the video above to hear more about how Kass is thinking about the winners and losers of DeepSeek’s new model, as well as what it means for US-based AI players like OpenAI.

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Tags: aiBondsbusinessCurrenciesDeepSeekDeepSeeksEquitiesFXInvestingInvestmentMarketMarketsModelMoneyNewsNYSEPersonal FinancePoliticsSavingsscienceStock marketstocksWinYahoo FinanceYahoo FInance Premium
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