China has established regulations governing AI, addressing safety, privacy and ethics. Its ruling Communist Party also controls the kinds of topics the AI models can tackle: DeepSeek shapes its responses to fit those limits. — Reuters
HONG KONG: The Chinese artificial intelligence firm DeepSeek has rattled markets with claims that its latest AI model, R1, performs on a par with those of OpenAI, despite using less advanced computer chips and consuming less energy.
DeepSeek’s emergence has raised concerns that China may have overtaken the US in the artificial intelligence race despite restrictions on its access to the most advanced chips. It's just one of many Chinese companies working on AI to make China the world leader in the field by 2030 and best the US in the battle for technological supremacy.
