JAKARTA – A key figure in the global Artificial Intelligence (AI) industry, Sam Altman, has spoken out after the emergence of DeepSeek caused a downturn in US technology stocks earlier this week.

Altman, who is also the CEO of OpenAI, described DeepSeek as an impressive model, especially given the affordable pricing it offers.

However, Altman stated that ChatGPT, developed by OpenAI, remains the superior model and leaves no room for doubt. Nevertheless, he acknowledged that the presence of competitors is refreshing.

“We will be releasing several updates to ChatGPT soon,” Altman announced via his personal X account on Tuesday (28/1).

For context, DeepSeek is an AI platform similar to ChatGPT. DeepSeek's founder, Liang Wenfeng, recently attended a meeting with Chinese Prime Minister Li Qiang on Monday (27/1). Chinese local media reported that the meeting was a symposium attended by technology industry leaders and government officials to discuss AI technology.

The Chinese-made platform caused chipmaker Nvidia’s market capitalisation to drop by as much as USD 589 billion during Monday’s (27/1) trading session. This marked the largest single-day market capitalisation loss in history. (KR/ZH)