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Chinese startup DeepSeek surpasses ChatGPT downloads on App Store

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Chinese AI startup DeepSeek has recently launched an AI assistant app, DeepSeek-R1, which has become the top-rated free application on Apple's App Store in the US. This has led to a significant downturn in the stock market, with Nvidia shares falling nearly 17% and erasing $600 billion of its market value. The release of DeepSeek's AI assistant has sparked concerns that China is closing the gap in AI technology.

    1. Due to large-scale malicious attacks on DeepSeek's services, we are temporarily limiting registrations to ensure continued service.
    2. We are temporarily limiting registrations to ensure continued service.
    3. We don't do mediocre things and answer the biggest questions with curiosity and a far-reaching vision.
    1. The Top 50 talents in this field might not be in China, but we can build people like that here.
    2. When society allows hardcore innovators to succeed, collective thinking will change. We just need more concrete examples and processes.
    3. We often say there's a one or two-year gap between China and the US, but the real gap is between originality and imitation. If this doesn't change, China will always be a follower.
    4. Reproduction alone is relatively cheap — based on public papers and open-source code, minimal times of training, or even fine-tuning, suffices. Research, however, involves extensive experiments, comparisons, and higher computational and talent demands.
    5. Even if OpenAI is closed-source, it cannot stop others from catching up.
    6. Open-source is like a cultural practice, rather than a business practice … a company that does this will have soft power.
    7. China's AI can't be in the position of following forever. We often say that there is a gap of one or two years between China's AI and the United States.
    8. In the past 30 years, (China's tech industry) has only emphasised making money, and ignored innovation.
    1. For a while, it wasn't clear who would beat ChatGPT for the first time. The best we (Perplexity) could manage was #8, a year ago. Look forward to using all their (DeepSeek's) models for search, assistant, and agents this year.
    1. DeepSeek's work illustrates how new models can be created using that technique, leveraging widely available models and compute that is fully export control compliant.
    1. DeepSeek R1 is one of the most amazing and impressive breakthroughs I've ever seen — and as open source, a profound gift to the world.
    1. It is possible that the news out of China could be overstated, and then we could see a reversal of the recent market moves.
    1. Clearly you see here the consequences of extreme concentration, extreme positioning. And you just need one event like today, which can represent a risk over the long term for the dominance of large-cap US tech companies involved within the AI ecosystem.
    1. I still think the truth is below the surface when it comes to actually what's going on.