DeepSeek a ‘kick in the pants’ for tech innovators

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The emergence of the DeepSeek AI model from Chinese hedge fund High Flyer is rattling investors and competition is poised to explode. The model — which cost $5.6 million to develop compared with more than $1 billion spent to create U.S.-based OpenAI’s ChatGPT and Google’s Gemini — will push companies to innovate more cheaply, Carey […]



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