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The AI world was rocked last week when DeepSeek, a Chinese AI startup, announced its latest language model DeepSeek-R1 that appeared to match the capabilities of leading American AI systems at a fraction of the cost. The announcement triggered a widespread market selloff that wiped nearly $200 billion from Nvidia’s market value and sparked heated debates…
Article Source https://venturebeat.com/ai/dario-amodei-challenges-deepseeks-6-million-ai-narrative-what-anthropic-thinks-about-chinas-latest-ai-move/