Alibaba’s cloud unit stated that “Qwen 2.5-Max outperforms almost across the board GPT-4o, DeepSeek-V3, and Llama-3.1-405B,” referencing leading AI models from OpenAI and Meta.
DeepSeek launched its AI assistant powered by the DeepSeek-V3 model on January 10, followed by the R1 model on January 20.
These releases have caused a stir in the tech market, leading to a decline in shares as investors reconsider the spending of major AI firms in the U.S.
In response to DeepSeek’s achievements, competitors are upgrading their AI models.
Two days after DeepSeek-R1’s release, ByteDance announced an update to its AI model, claiming it outperformed Microsoft-backed OpenAI’s o1 in AIME, a benchmark for AI comprehension.
DeepSeek has sparked panic on Wall Street with its powerful new chatbot developed at a fraction of the cost of its competitors, was founded by a hedgefund whizz-kid who believes AI can change the world.
Content Courtesy – Reuters
