deepseek: ‘DeepSeek shows there is still room for better AI maths’

China’s frugal development of DeepSeek is an outcome to US’ sanctions on supply of AI chips and an answer to American hyperscalers, private equities and AI startups that hoarding monies and chips cannot give them the lead in AI, said Darshan Hiranandani, CEO of Hiranandani Group, leading its real estate, energy, warehousing and data centres business.“They (OpenAI) garnered crazy amounts of money and scared everybody else saying, if you don’t have more GPUs, then you cannot compete with our maths. We are taking all the private equity money for…