CNBC February 9, 2025
Arjun Kharpal

Key Points

– Deepseek’s AI model “is probably the best work” out of China, Demis Hassabis, the CEO of Google DeepMind said on Sunday.

– Hassabis said, however, that “despite the hype, there’s no actual new scientific advance.”

– China’s Deepseek claimed its AI model was trained at a fraction of the cost of leading AI players and on less-advanced Nvidia chips.

PARIS — Deepseek’s AI model “is probably the best work” out of China, Demis Hassabis, the CEO of Google DeepMind said on Sunday, but added that the company didn’t show any new scientific advances.

Last month, China’s Deepseek released a research paper that rattled global markets after claiming its AI model was trained at a fraction of the...

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