An AI lab out of China has ignited panic throughout Silicon Valley after releasing AI models that can outperform America's best despite being built more cheaply and with less-powerful chips. DeepSeek unveiled a free, open-source large-language model in late December that it says took only two months and less than $6 million to build. CNBC's Deirdre Bosa interviews Perplexity CEO Aravind Srinivas and explains why the DeepSeek has raised alarms on whether America's global lead in AI is shrinking.
An incredible outcome would be if the US stock market bubble pops because Chinese developed open-source AI that can run locally on your phone end up being about as good as Silicon Valley’s stuff.
I think the bubble might not pop so easily. Even if Microsoft is set back dramatically by this, investors have nowhere else to go. The whole industry is in a turmoil, and since there’s nothing else to invest into, stocks stay high.
At least that’s how i explain the ludicrously high stock rates that we’re seeing in the recent years.
An incredible outcome would be if the US stock market bubble pops because Chinese developed open-source AI that can run locally on your phone end up being about as good as Silicon Valley’s stuff.
I think the bubble might not pop so easily. Even if Microsoft is set back dramatically by this, investors have nowhere else to go. The whole industry is in a turmoil, and since there’s nothing else to invest into, stocks stay high.
At least that’s how i explain the ludicrously high stock rates that we’re seeing in the recent years.
Llms that run locally are already a thing, and I wager that one of those smaller models can do 99% of anything anyone would want.