That’s a stark distinction to the billions of dollars sometimes spent by Western tech giants on AI analysis and chips. Some tech traders were impressed at how rapidly DeepSeek was in a position to create an AI assistant that nearly equals Google’s and OpenAI’s for roughly $5m while other AI corporations spend billions for the same outcomes, significantly with China below strict chip export controls that limit DeepSeek’s access to computational power. If true, that will call into question the massive amount of money US tech companies say they plan to spend on the technology. The announcement was derided by the Trump ally and AI pioneer Elon Musk, who bought right into a tiff on X with OpenAI’s CEO, Sam Altman, over how much cash Stargate truly has to take a position. Within the house of two weeks, open source and MIT-licenced Chinese large language model (LLM) DeepSeek has taken the AI software world by storm, sending Western AI-leader Nvidia stock plummeting and prompting OpenAI’s Sam Altman to accuse DeepSeek’s developers of using its fashions to practice theirs.