Chinese AI startup DeepSeek’s claim of developing a powerful AI model at a much lower cost than major tech giants like Alphabet’s (GOOGL)

"It's using known techniques, actually many of the techniques we invented at Google and at DeepMind," Demis Hassabis said on Sunday.

Google DeepMind CEO, Demis Hassabis, has commended the AI model of Chinese firm, Deepseek, describing it as "probably the best work" to have surfaced from China. While Hassabis praised DeepSeek's model,