"Altman Teases OpenAI's Response to DeepSeek's AI Challenge"
OpenAI co-founder Sam Altman has hinted at new releases to the community following DeepSeek's emergence in the Artificial Intelligence market. The Chinese AI firm's traction has led to a significant shake-up across U.S. tech stocks, with a direct impact on Bitcoin and altcoin prices. While the cheaper cost of DeepSeek's model has sparked concern, Altman has emphasized competitive efforts towards better AI models.
In a recent post on X, Altman praised DeepSeek's entry into the AI space, describing its R1 model as impressive. The lower price point compared to OpenAI's model has caught the community's attention. Altman expressed excitement about the new competition, stressing the importance of executing OpenAI's research roadmap. He stated, "We will obviously deliver much better models and also it's legit invigorating to have a new competitor! We will pull up some releases. But mostly we are excited to continue to execute on our research roadmap and believe more compute is more important now than ever before to succeed at our mission. The world is going to want to use a LOT of AI, and really be quite amazed by the next-gen models coming."
The post sparked a mixed reaction, with some users highlighting the high cost and the sharp dip in U.S. tech stocks. However, AI enthusiasts generally express delight in the competition and look forward to new OpenAI releases. The global adoption of AI continues to rise as more companies integrate AI solutions into their production processes.
The AI boom has also led to a fresh inflow into AI-related cryptocurrencies in the crypto market. Recently, Donald Trump pledged to make the United States the global AI and crypto capital, as efforts intensify in other jurisdictions.
The recent U.S. stock market shake-up has had a similar negative impact on crypto prices. Bitcoin's price slipped below $99,000 before rebounding above the $100,000 mark. The last 48 hours have seen significant inflows to centralized exchanges as whales dumped tokens to limit losses. This movement to centralized exchanges suggests crypto sales due to ease of transfers, while outflows indicate long-term holdings.
The last few hours have seen positive spikes in the market, particularly in defi volumes and altcoins. As bulls seek to regain lost ground, digital asset analysts advise caution due to present macro conditions. Meme coins are traded in the same direction, with top 
Quickly understand the history and background of various well-known coins
Latest Articles
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.



Comments
No comments yet