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Google's Hassabis Questions China's DeepSeek AI Development Costs

2/10/2025

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Story summary

Demis Hassabis, CEO of Google DeepMind, acknowledged the impressive nature of China's DeepSeek AI model but challenged its reported development cost of under $6 million as inflated. He pointed out that DeepSeek lacks substantial scientific breakthroughs and highlighted that major tech companies are pouring resources into AI infrastructure, with spending expected to soar to $320 billion by 2025.

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Story summary

Demis Hassabis, CEO of Google DeepMind, acknowledged the impressive nature of China's DeepSeek AI model but challenged its reported development cost of under $6 million as inflated. He pointed out that DeepSeek lacks substantial scientific breakthroughs and highlighted that major tech companies are pouring resources into AI infrastructure, with spending expected to soar to $320 billion by 2025.