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International Business Times
International Business Times
Business

DeepSeek Shock Shows Europe Not Out Of AI Race: Experts

DeepSeek's release has sent some tech stocks plunging (Credit: AFP)

China-based DeepSeek's artificial intelligence model has shaken the sector by offering high performance apparently at a fraction of the cost of those developed by US giants, with many experts saying the release also hints at opportunity for investment minnow Europe.

DeepSeek's large language model (LLM) is "making a mockery of the (idea that) we need a trillion dollars to train the next level of AGI", or artificial general intelligence, said Neil Lawrence, machine learning professor at Britain's University of Cambridge.

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