Lauren Goode: He said that himself?
Zoë Schiffer: To his employees.
Lauren Goode: Captivating.
Michael Heat: He also went out X and said something: “I would like him to compete.”
Zoë Schiffer: Oh yes. He thought: “I would like him to compete in the market, not in the courtroom.”
Lauren Goode: Yes. He said in an interview with Bloomberg News: “I would just like to compete by building a better product. Probably his whole life comes from the position of uncertainty. ” Shots were shooting. And he said he didn’t think he was a ecstatic person.
Zoë Schiffer: Oh my God. Does Altman himself try to compete to write the next biography of Elon Musk? It seems like some psychology of Walter Isaacson.
Lauren Goode: I don’t know. Zoe, I have to say that every time I see something that breaks in the news, these two guys fight Opeli, I literally hear your voice in my head from one of our earlier episodes, “messy, messy, sloppy. “
Zoë Schiffer: This is. It is so messy. I really had it this week, when they were all this cheater and back. I thought, guys. I mean, I appreciate it. I like that we see all this, but at the same time there is no Comms band. Wow. Yes, you can say.
Michael Heat: Yes.
Lauren Goode: Now we should probably also appear there that there are OpenAi critics who think that it is completely exaggerated and overstated, who would look at this valuation worth $ 157 billion, although it is based on private financing, it simply is responsible for a certain valuation and Say that there is no way to be worth so much. There is no way to generate sufficient revenues over the next three to five years to justify this quote.
Zoë Schiffer: I mean, did these people look at the startups from the Silicon Valley before? Do they know how this whole industry works?
Lauren Goode: Exactly.
Michael Heat: Well, a gigantic part of this conversation in the last month was Deepeek, right? Chinese competitor Chatbot for Chatgpt.
Zoë Schiffer: Yes. Another moment when our bosses said: “What do we know about Deepseek?” And we panic, saying: “I have no idea. What is this? I have never heard of it. ” But yes, that is, this is chatbot that appeared on the stage. He basically created a model that competes very directly with the best models of Openai reasoning, but the company claims that it has trained it with a fraction of specialized GPU, which Openai used and for a fraction of costs. I feel again that Lauren must be shot. Many people question this. They don’t believe it, but that’s the idea. And the market reacts very intensively. Nvidia, about which Lauren, about which you reported very much, their supplies require some hit.
Lauren Goode: Yes, some hit. I forget how many billions have lost their values that day. It was like UPS. Yes. Suddenly Jensen Huang went to Superski for his hairstyles. Hold a second. Decrease in supplies after Deepeks. Yes. Apparently, the shares fell by about 17% in news about Deepseek, which I did not calculate how many billions it was, but it was a lot, $ 600 billion from their value. People were very nervous, regardless of whether they could trust information from China, this is a different question. But if it’s true, yes, the AI market boiled. As a result, I think it was a week later, then OpenAi decided to launch the O3-Mini reasoning model, which means very little for people who do not follow it very carefully, but it was a way to say, listen, we develop the boundaries of what they can Achieve these smaller models, and smaller usually means cheaper. Apparently 24% faster than another mini model reacted, which OPENAI issued. His answers included 39% less errors. This was to do more reasoning. And so I think we’ll see a lot. I also think that we will see how some of the large players in artificial intelligence will look like strategic acquisitions of smaller AI companies as a quick way to speed up their technology to adapt to what Deepseek is doing.