U.S. markets tumbled Monday morning following concerns over a breakthrough from DeepSeek. The Chinese AI startup claimed to have trained an AI model on par with advanced U.S. technology at a fraction of the cost. DeepSeek reported over $5 million in training expenses. OpenAI’s GPT-4 model costs more than $100 million to train, and Anthropic CEO Dario Amodei said the cost to train some models is approaching $1 billion. DeepSeek’s claims about creating a low-cost AI model face skepticism from analysts, who question the feasibility of achieving such results without advanced GPUs and raise doubts about the accuracy of the company's assertions.
