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Until last week, when the news that a relatively unknown Chinese company called Deepseek, released its R1 reasoning model which is equivalent to the performance of ChatGPT’s o1 model, but is fully open-source and available at a fraction of the cost (3-5% of OpenAI’s model). The company claims its AI models rival those of top U.S.
Flash floods in Valencia, Spain have claimed the lives of 95 people and created apocalyptic scenes. Way to go Dean Leitersdorf and team Decart on coming out of stealth with a $21M seed round for a new inference model that enables companies to dramatically reduce the cost of generativeAI – wow ?
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