DeepSeek Shows How Badly Energy Industry Needs AI for Growth

Bloomberg News

Summary

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Chinese tech company Alibaba Wednesday released a new version of its Qwen 2.5 artificial intelligence model that it claimed surpassed the highly-acclaimed DeepSeek-V3.
Newsmax
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The DeepSeek announcement suggests that those assumptions may be wildly off.
Time
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On Monday, markets were in meltdown when it emerged that a Chinese app called DeepSeek had developed a low-cost AI technology that can compete with those of US giants but at a fraction of the cost and a fraction of the computing power.
Irish Times
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DeepSeek has won plaudits for its cost-effectiveness and praise in China for its seeming ability to navigate US sanctions that have aimed to prevent access to the high-tech chips needed to power the AI revolution.
International Business Times

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