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DeepSick aims to flood the world with low-cost artificial intelligence technologies
Chinese company DeepSee plans to flood the global AI market by offering low-cost models based on open-source technologies, posing a significant threat to its American competitors such as OpenAI and Anthropic. It has successfully raised $7.4 billion in what is the largest private AI funding round in China, with a valuation exceeding $50 billion, and aims to go public in 2027 to raise billions more. Its models are significantly cheaper, with the average cost of an AI task using DeepSeek V4 Flash at around 2 cents, compared to $2.75 for the Claude Fable 5 model, making it more price-competitive and challenging Western companies’ dominance of the global market. Many major companies worldwide rely on Chinese open-source models, and DeepSee continues to expand its presence to become a leading player in the global AI sector.
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