Ashwini Vaishnaw praises DeepSeek's low-cost AI, compares it with own investment approach
Ashwini Vaishnaw has praised Chinese startup DeepSeek for shaking up the sector with its low-cost AI assistant, likening its frugal approach to his government's efforts to build a localized AI model.
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India announced a $1.25 billion AI investment in March, dubbed IndiaAI mission, which includes funding for AI startups and developing its own AI infrastructure.
«Some people question the amount of investments the government has committed in (IndiaAI mission). You have seen what DeepSeek has done? $5.5 million and a very very powerful model. Because, the use of brain,» Ashwini Vaishnaw said on Tuesday at an event in the eastern state of Odisha.
DeepSeek has triggered a dramatic rethink on artificial intelligence spending around the world, claiming it took just two months and cost under $6 million to build an AI model using Nvidia's less-advanced H800 chips.
Downloads of its app recently surpassed OpenAI's ChatGPT on Apple's App Store, while the cost and performance of its tools upended industry beliefs that China was years behind U.S. rivals in the AI race.
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