Sam Altman, the CEO of Openai, recently praised the DEEPSEEK R1 model, a Chinese startup specializing in artificial intelligence, calling it “impressive”. This recognition comes after Deepseek revealed that the training of its R1 model cost less than $ 6 million, a fraction of the cost of the models equivalent to the United States. However, this development could be fatal to the Crypto market.
OPENAI: Sam Altman Doubes the Deepseek initiative
Deepseek drew global attention by demonstrating that his R1 model could be formed profitably using Nvidia H800 chips that are less efficient. This approach has aroused questions about the massive investments of American technological companies in AI. In particular, Nvidia, which underwent a record loss of $ 593 billion in market value in a single day.
Sam Altman expressed his enthusiasm in the face of this new competitionsaying that this was “invigorating” and that Optai would continue to develop even better models. In addition, he highlighted the growing importance of calculation capacities to succeed in the mission of Openai, adding that the world was going to use a lot of AI and would be amazed by the next generation models.
Deepseek's rise in power has been described as a “spoutnik moment of AI” by Marc Andreessen. This comparison refers to the launch of the Spoutnik satellite by the Soviet Union in 1957, which had triggered a race for space between the United States and the USSR. Likewise, the emergence of Deepseek could mark the start of a new era of intense competition in the field of AI.
The back of the medal
The rise of Deepseek and its R1 model could have catastrophic repercussions on the crypto industry in the future. The recent fall in Bitcoin this Monday, January 27, is a striking example! Indeed, it was fueled by the fears of investors in the face of the growing technological domination of Chinese AI startups, questioning the stability and viability of investments in cryptocurrencies. If this trend continues, it could then lead to increased volatility and lasting loss of confidence in the crypto market, thus posing major challenges for traders and investors. As Ryan Lee, chief analyst at Bitget: confirms:
The broader impact of these developments intersect with existing macroeconomic pressures, including decisions on American interest rates and the FOMC meeting, which amplifies volatility on the cryptocurrency market. The recent fall in Bitcoin, by more than 5 %, is linked to the combination of these factors. As history shows, technological progress and their impact on the market often stabilize when ecosystems adapt.
The ascent of Deepseek in the field of AI represents a major technological advance, but it also poses significant challenges for the crypto industry. The increased volatility and the loss of confidence of investors could transform the global financial landscape in an unpredictable and complex way.
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