Meta, Nvidia, and other tech giants react to DeepSeek's competitive, cost-efficient models that challenge established market players.

OpenAI CEO Sam Altman posted a picture of himself with Microsoft CEO Satya Nadella on Tuesday and suggested the two companies are getting along just fine.

Chinese AI startup DeepSeek has taken the tech world by storm with its cost-effective, high-performance chatbot, which was developed for under $6 million—far less than the billions spent by US tech giants like OpenAI.

One of the more revealing things to come out of the chaos was the response to DeepSeek from Sam Altman, CEO of OpenAI, the company that makes ChatGPT. In a thread on X, Altman called the model “impressive” and said that it was “legit invigorating” to have a competitor:

US stocks dropped sharply Monday — and chipmaker Nvidia lost nearly $600 billion in market value — after a surprise advancement from a Chinese artificial intelligence company, DeepSeek, threatened the aura of invincibility surrounding America’s technology industry.

Sam Altman acknowledged DeepSeek’s impressive performance, stating on X (formerly Twitter) that the competition is “invigorating.” However, he emphasized that OpenAI is focused on delivering “much bet

OpenAI CEO and co-founder Sam Altman clapped back at two Democratic senators’ inquiry into his $1 million personal donation to President-elect Trump’s inaugural fund, quipping Friday

Sam Altman called DeepSeek’s R1 reasoning model impressive and claimed that OpenAI will deliver better models than the Chinese offering in the future.

Parmy Olson is a Bloomberg Opinion columnist covering technology. A former reporter for the Wall Street Journal and Forbes, she is author of “Supremacy: AI, ChatGPT and the Race That Will Change the World.”

The release has already had an effect on the tech industry—and some big names in AI are questioning its legitimacy. DeepSeek, which was founded and funded by Chinese hedge fund High-Flyer, wrote in research papers that its V3 model was trained with just 2,

Microsoft-backed OpenAI's chief Sam Altman is planning to visit India next week, three sources with direct knowledge of the matter said, in what could be his first visit in two years at a time when the company faces legal challenges in the country.