OpenAI's General Director Sam Altman named the Chinese startup DeepSeek with its artificial intelligence model R1 impressive in a Monday meeting, however he noted that OpenAI's success, in his opinion, is conditioned by the first place being more powerful computational equipment. DeepSeek, a Chinese company with accessible pricing for its artificial intelligence model, attracted global attention last month, stating in its report that training its DeepSeek-V3 model required less than 6 million dollars for computational power using less costly Nvidia H800 chips. DeepSeek-R1, launched last week, in correspondence with a statement in the official DeepSeek account on WeChat, costs 20-50 times cheaper for use than OpenAI's o1 model, depending on the task. 'The r1 DeepSeek model is impressive, especially considering that they can offer it at their price,' said Altman. 'However, we primarily continue to work on our scientific plan and believe that a larger computational power today is more important than ever for the successful fulfillment of our mission,' he added. The emergence of DeepSeek raised concerns regarding the relative obsolescence of decisions by some American tech companies to shed billions of dollars in investments in the field of artificial intelligence, as well as the stocks of several large tech players, including Nvidia, suffered. Nvidia suffered record losses in one day amounting to 593 billion dollars in market value on Monday, making it the largest single-day loss for any company on the Wall Street.
