Market
What will be DeepSeek-R1's market share in AI API services by end of 2025?
2
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Market analysis reports from AI industry analysts or research firms
Story
DeepSeek-R1: Chinese AI Startup's 671-Billion-Parameter Model Challenges OpenAI's o1 at 95% Less Cost
Jan 23, 2025, 05:21 PM
Chinese AI startup DeepSeek has released DeepSeek-R1, an open-source reasoning model with 671 billion parameters that rivals the performance of OpenAI's o1 on several benchmarks. DeepSeek-R1 achieved a score of 79.8% on the AIME 2024 and 97.3% on the MATH-500 benchmark, slightly surpassing or matching OpenAI's o1. The model also excelled in coding tasks, achieving a 2,029 Elo rating on Codeforces and outperforming 96.3% of human participants. DeepSeek-R1 is available under an MIT license, allowing for unrestricted commercial use, and its API access is priced at up to 95% less than OpenAI's o1. This development underscores the competitive landscape of AI development, particularly with China's advancements in open-source AI technology.
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Similar markets
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