29.01.2025 16:42
Dr. Ekrem Teymur stated that the artificial intelligence application of the Chinese company DeepSeek has reached a record number of downloads, leading to significant losses in the stocks of Nvidia and other American tech giants. Teymur, who approached DeepSeek's claims of low costs with skepticism, emphasized that China is rapidly advancing in the field of artificial intelligence with state support.
Dr. Ekrem Teymur, the founder of Haberler.com, evaluated the latest developments in the field of artificial intelligence. The new application from the China-based artificial intelligence company DeepSeek has made a significant impact on the global technology market in a short time.
The Fastest Downloaded Application in History
Dr. Teymur stated that DeepSeek's new artificial intelligence application became the fastest downloaded application in history after its release on the App Store and other platforms. "This development shocked American tech giants. Nvidia's shares lost 17% in a single day, which means a loss of about 600 billion dollars," he said. Teymur emphasized that companies like Microsoft, Google, and Meta also experienced a loss in value.
Cost Advantage Shapes Competition
The most striking factor behind DeepSeek's great success is the claimed low development cost. The Chinese company announced that it developed this artificial intelligence application for only 6 million dollars, while it is known that American companies spend billions of dollars. "Meta's artificial intelligence budget has been announced as 80 billion dollars for 2025. However, if one side has billion-dollar investments while the other side achieves the same success with costs of 6 million dollars, this situation negatively affects the shares of large companies," he said.
Dr. Teymur approached DeepSeek's claim of a 6 million dollar cost with skepticism, stating that the actual cost could be in the range of 100-200 million dollars. "Considering the number of chips used in such projects and the costs, these figures seem more realistic," he added.
China's State Support and Global Goals
DeepSeek's success is backed by the support of the Chinese government. Dr. Teymur recalled the statements of the Chinese Prime Minister regarding technology and artificial intelligence, saying, "Meetings that include the founder of DeepSeek show that China is fully supporting its artificial intelligence projects."
Dr. Teymur noted that the value of the artificial intelligence market is expected to reach 15.7 trillion dollars by 2030, which he stated is about five times the current oil market. "Major states will try every possible way to be part of this massive market," he added.
US and China Competition Deepens
Dr. Teymur recalled that former US President Donald Trump designated artificial intelligence as a top priority, stating, "Trump may further tighten technology embargoes against the rise of Chinese companies. However, time will tell how effective such bans will be," he commented.
The rapid entry of Chinese DeepSeek into the market and its cost advantage are reshaping global artificial intelligence competition. It remains to be seen how these developments will affect tech giants and international relations in the future.