DeepSeek releases new AI model with reduced costs, intensifying US-China rivalry
via Punch Nigeria3 min read
Chinese startup DeepSeek has released a new Artificial Intelligence model, claiming "drastically reduced" costs. This follows their 2025 R1 reasoning model, which matched US rivals' capabilities and was developed at a fraction of the cost. Founded by Liang Wenfeng in Hangzhou, DeepSeek began as a side project of his hedge fund in 2023. The company's R1 model, released in January 2025, led to a US tech share sell-off and was described by venture capitalist Marc Andreessen as a "Sputnik moment." DeepSeek's AI tools, like other Chinese chatbots, avoid topics censored in China, leading to bans or restrictions on government devices in several countries, including the United States, Australia, and South Korea. Despite this, its low cost and ease of deployment have made it popular in developing countries, holding four percent of the global chatbot market share, compared to ChatGPT's 68 percent. DeepSeek's systems are open-source, a strategy also adopted by other major Chinese AI players like Alibaba, in contrast to the closed models of Western rivals. The success of DeepSeek has boosted China's AI sector, with other Chinese AI startups like Zhipu AI and MiniMax seeing strong market debuts. However, DeepSeek's rise has faced controversy, with reports suggesting the company may have circumvented a US ban on exporting high-end chips to China to train its new V4 model. DeepSeek did not respond to requests for comment on these allegations, and NVIDIA stated they had not seen evidence of
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James Faleke, Chairman of the House of Representatives Committee on Finance, stated that Nigeria's rapid development relies significantly on civil servants maintaining integrity and due process, even when facing pressure from political office holders. Faleke made these remarks in Abuja during the launch of "The Nigerian Legislature: A Practical Guide for Lawmakers," a book by Oscar Okoro, the retiring Clerk of the House Committee on Finance. Faleke emphasized that civil servants are the backbone of governance, crucial for implementing government policies according to established rules. He highlighted that if civil servants adhere strictly to rules, the country would benefit, even if it means resisting politicians who suggest alternative approaches. Faleke described Okoro as a dedicated public servant whose career exemplifies hard work and commitment. Deputy Chairman of the House Committee on Finance, Abubakar Saidu, and House spokesman, Akin Rotimi, also praised Okoro's professionalism, integrity, and diligence, recommending his career as a model for younger public servants. Okoro attributed his achievements to hard work, patience, and humility, and plans to return to legal practice and consultancy while mentoring young people. Professor Kabir Danladi, who reviewed the book, noted that the 335-page publication offers practical insights into Nigeria's legislature, covering its constitutional foundations, structures, procedures, and oversight responsibilities, making it a valua
Must ReadThe Director-General of the World Health Organization, Tedros Adhanom Ghebreyesus, visited Uganda following an Ebola outbreak that has resulted in two deaths after spreading from the Democratic Republic of Congo. The WHO declared an international health emergency for this outbreak, which began on May 15 in the northeastern DRC. Tedros noted Uganda's prompt response, including border screening that detected cases from the DRC. Of the 19 confirmed cases, 14 originated from the DRC, and five are Ugandan nationals. Sadly, two individuals from the DRC have died. The current outbreak, the 17th for the DRC, is caused by the Bundibugyo Ebola strain, for which there is no specific vaccine or treatment. The WHO is supporting Uganda's response efforts alongside the Africa Centres for Disease Control and Prevention and other regional partners.
Former France defender Gaël Clichy believes Michael Olise has the talent to be France’s breakout star at the 2026 FIFA World Cup. Olise, a Bayern Munich forward, is heading into his first World Cup with high expectations. Clichy, who worked with Olise during the 2024 Paris Olympics where France’s Under-23 team won a silver medal, compared Olise's potential impact to Kylian Mbappé’s breakthrough at the 2018 World Cup. Clichy stated that Olise has developed significantly since moving to Bayern Munich and is ready to showcase his talent globally. He added that if Olise performs at the level he has shown for Bayern Munich, he will be recognized as one of France's best players. Clichy also highlighted Rayan Cherki as another emerging talent from the Olympic squad who could make a major impact. With established stars and emerging talents, France is expected to be a strong contender for the 2026 World Cup.