Chinese AI startup DeepSeek’s claim of developing a powerful AI model at a much lower cost than major tech giants like Alphabet’s (GOOGL)

Google DeepMind CEO Demis Hassabis said that DeepSeeks AI model is probably China's most impressive work but noted that it relies on existing techniques, suggesting the hype around it is a bit exaggerated.

Google DeepMind CEO Demis Hassabis lauds China's Deepseek for impressive AI engineering but downplays its technological innovation, calling it an overhyped use of existing techniques. Google CEO Sundar Pichai also praises Deepseek's team.