DeepSeek proves that Silicon Valley cant monopolise AI innovation, according to a European AI entrepreneur.
Muj Choudhury, the CEO and co-founder of Britishvoice processing startupRocketPhone, welcomed DeepSeeks rapid rise.
He hopes the Chinese company signals a shift in the balance ofAIpower.
In this landscape, an outsider like DeepSeek breaking through is not just impressive.
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That handful has certainly been shaken by DeepSeeks emergence.
The companys open-source models have alsostunned the market.
In tests, theyve outperformed rival models from OpenAI and Meta at just a fraction of the operating costs.
The advances have shaken the stock market.
According to Choudhury, theyve proven that AI innovation isnt dictated by access to supercomputers or Silicon Valley funding.
Fresh fromraising $10.5mnfor his own startup, Choudhury has growing optimism for Europes AI scene.
He wants DeepSeek to inspire the continents tech sector, which isstrugglingto commercialise AI innovations.
Story byThomas Macaulay
Thomas is the managing editor of TNW.
He leads our coverage of European tech and oversees our talented team of writers.
Away from work, he e(show all)Thomas is the managing editor of TNW.
He leads our coverage of European tech and oversees our talented team of writers.
Away from work, he enjoys playing chess (badly) and the guitar (even worse).
