KEY TAKEAWAYS OpenAI said Wednesday that it is probing whether Chinese artificial intelligence startup DeepSeek improperly used its data to launch the low-cost model that spooked markets Monday.The comment by OpenAI follows a Bloomberg report that both OpenAI and its biggest backer Microsoft are investigating DeepSeek's model.
Sam Altman’s OpenAI said Chinese competitor DeepSeek could be committing intellectual property theft. DeepSeek, an emerging Chinese artificial intelligence company, sent shockwaves through the technology world when its AI model surged to the top of the app store in the United States this week.
Microsoft and OpenAI are probing if data output from the ChatGPT maker's technology was obtained in an unauthorized manner by a group linked to Chinese artificial intelligence (AI) startup DeepSeek, Bloomberg News reported on Tuesday.
DeepSeek's R1 model shook the AI industry and sent stocks plummeting because the company claimed to have developed it at a fraction of the cost of competing models. If it's proven that DeepSeek used distillation to build on OpenAI's models, the claims of lower costs would hold less weight.
David Sacks says OpenAI has evidence that Chinese company DeepSeek used a technique called "distillation" to build a rival model.
White House artificial intelligence czar David Sacks said there’s “substantial evidence” that Chinese upstart DeepSeek leaned on the output of OpenAI’s models to help develop its own technology.
For example, Morgan Stanley uses OpenAI’s technology in parts of the bank’s wealth management and investment banking businesses, she said. ©2025 Bloomberg L.P. What are your thoughts on the ...
Trump administration officials are exploring additional curbs on the sale of Nvidia Corp. chips to China, according to people familiar with the matter, who emphasized that conversations are in very early stages as the new team works through policy priorities.
Nvidia shares hit their lows of the day on Wednesday after Bloomberg reported Trump administration officials are "exploring additional curbs" on the company's chip sales to China.
Wednesday afternoon was already expected to be eventful for the stock market, with the Federal Reserve releasing its decision on interest rates and Chair Jerome Powell holding his regular post-meeting press conference.
Norway's Government Pension Global Fund, the biggest such fund in the world and valued at 19.7 trillion kroner ($1.74 trillion) at the end of last year, returned 13% in 2024. That was less than the 16% it gained in 2023 and 45 basis points below its benchmark, which managers said was due to a small underweight in large technology stocks.