Part 6/8:
The emergence of Deep Seek poses a significant challenge to established giants like OpenAI. It has the potential to shift perceptions within the industry about the necessity of massive financial investments in AI development. Founded only two years ago by Liang Wenbang, the company has quickly built a reputation by leveraging expertise developed in AI-based trading strategies through its linked hedge fund.
OpenAI's dominance appears increasingly tenuous in light of Deep Seek's rapid rise and lower cost offerings. This evolution suggests that nimble startups could effectively compete against larger entities, questioning the sustainability of established firms’ extravagant spending strategies.