The Chinese startup DeepSeek has turned the tables on the giants of Silicon Valley by being in the headlines once again. On Monday morning, the company launched its latest open-source AI creation which is an image generator.
The company boldly claims can outshine DALL-E of OpenAI and Stable Diffusion of Stability AI. The new model, named Janus-Pro-7B was detailed in a technical paper that was released on the GitHub page of DeepSeek.
This model is an evolution of Janus which is a more basic version launched last October. According to the company, Janus is set to lift multi-modal automation, which is capable of both generating as well as analyzing images.
The paper focuses on how DeepSeek’s innovation surpasses both DALL-E and Stable Diffusion on different AI performance metrics. This announcement comes soon after the news that DeepSeek’s R1 model which was introduced in December has outpaced ChatGPT in downloads on the Apple app store.
This achievement alone would be noteworthy, however, DeepSeek also claims to have developed R1, a reasoning model within just two months and for a mere $6 million. Contrary to this, OpenAI, the leading AI firm in the U.S. has a valuation of over a hundred billion dollars. It operated on a closed-source basis, which likely has America’s tech elite feeling uneasy.
On the same day as the launch of the image generator, DeepSeek reported that they experienced a large-scale malicious attack on their network. Consequently, the company announced a temporary halt on new user registrations, although existing users will not have to face any disruption in services.
Innovations by DeepSeek have sent ripples through the U.S. stock market. And it is not difficult to understand why. The American economy has increasingly focused on the AI sector with Wall Street investing billions into companies that offer this technology.
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