""What has not been great is the speed at which the open-source ecosystem has accelerated the race geopolitically," Midha told the audience at the Fortune Global Forum in Riyadh. "It's not looking great for the United States and its allies. "The reality is that if you look at the most powerful models that are open-source today-outside of Mistral from France and a couple of models that are small, specialized models from the U.S.-it's really China's game right now."
""China's progress in the open-source arena is largely down to DeepSeek, the Chinese startup behind the R1 model. It sparked a sharp selloff in American tech stocks at the start of the year after investors realized that the model was built at a fraction of the cost of frontier U.S. models, but outperformed or matched several of them in key benchmarks."
China currently dominates the most powerful open-source AI models, with limited exceptions such as Mistral and a few small specialized U.S. models. DeepSeek and its R1 model demonstrated high performance at a fraction of the cost of frontier U.S. models, triggering investor concern and a selloff in American tech stocks. The rapid acceleration of the open-source ecosystem has intensified geopolitical worries about shifts in global AI power and competitiveness. U.S. policy support and the prospect of American labs releasing new open-source models in coming months present a possible pathway for Western firms to regain ground.
Read at Fortune
Unable to calculate read time
Collection
[
|
...
]