Event JSON
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"DeepSeek sends 2 big signals that shatter tech investor assumptions: Snowflake CEO"
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"DeepSeek, a Chinese company, has unveiled its AI model, RI, which has given a ChatGPT-esque performance at a reportedly cheaper price tag of $5.6 million. This has sparked concerns about the cost of training AI models and the potential impact on US companies like OpenAI and Anthropic. Snowflake CEO Sridhar Ramaswamy believes that this development has caused a permanent reset in AI development, raising questions about the cost of training cutting-edge models."
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