- The unimaginable advancements in information technology over the last few years need no further emphasis. The world has embraced the fast-emerging cutting-edge technology with great enthusiasm as the revolutionary advantages of the IT-led digitalization endeavours have yielded tremendous benefits in furthering the cause of the global community. The technology-led initiatives have provided greater leeway for leadership across the world to utilize the medium to implement a slew of measures aimed at benefiting their respective population. As we are aware, some of the IT-enabled tech solutions like data analytics, machine learning, internet-of-things, and the most happening Artificial Intelligence (AI) have proved to be game changers in many ways.
PC:CNBC TV18
- Especially the way AI has shown promise to further revolutionize with its wide-ranging usage and adaptability is simply mind-blowing. Little wonder, a few of the most advanced nations have invested heavily in the R&D of AI to derive the advantages offered by technology. Huge investments have gone into milking AI to enjoy the innumerable benefits on offer. However, a Chinese AI app causing US AI star Nvidia’s stock to crash has hit the headlines questioning the very purpose of earmarking huge money to milk the technology for larger benefits. There is a lesson here for America considered the leader of AI evolution. Of course, a week can be a long time in war and tech. We know how Trump is viewing AI with a $500bn push under Project Stargate.
PC:Tekedia
- As is known, the plan was to maintain America’s edge in AI, which is billed as the next big revolution of the Anthropocene. Now, experts are wondering if it makes sense to throw so much money at it, when a little-known Chinese company, DeepSeek, has developed a cutting-edge AI model for less than $6mn. DeepSeek made waves last Nov when it released a preview of its reasoning model called R1, claiming it could rival ChatGPT maker OpenAI’s most advanced o1 model. Reasoning models are considered superior because they fast-check themselves, avoiding embarrassments and stock price tumbles for developer companies. DeepSeek’s AI performance was surprising because it didn’t make use of the most advanced graphics processing units of GPUs.
PC:Forbes
It’s another story altogether that America has denied GPUs to China for the past four years. Instead of racehorse chips, it made do with chips that might be considered mules in the trade. Yes, DeepSeek’s AI assistant is considered so good that it became the highest-rated free app on the Apple store over the weekend. Which is why stocks of leading AI chipmaker Nvidia, which has become the second most valuable company behind Apple, took a tumble recently. Other tech stocks, like those of Dutch firm ASML which makes the machines used to make chips, also took a hit. Investors are asking, if AI can be built with greater human collaboration and cheaper hardware, are the sky-high valuation of firms that have surfed the AI wave justified? Not at all.
