Meta's CEO Mark Zuckerberg faces pressure after DeepSeek, a small Chinese startup, launched its impressive R1 AI chatbot, outperforming main players like Meta, OpenAI, and Anthropic at a fraction of the cost. This shocking debut resulted in about $1 trillion losses across AI companies, with Nvidia experiencing historic stock decline. In response, Meta has created 'war rooms' to analyze DeepSeek and improve its own Llama AI. Despite initial market stability for Meta, the situation suggests that AI competition may reach a new level of intensity.
The main frustration is, 'Why didn't we come up with this first?' when we have thousands of the brightest minds working on this, said a Meta employee.
Despite skepticism, the debut of DeepSeek’s chatbot app has triggered significant soul-searching among investors, leading to a massive $1 trillion loss across AI companies.
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