Since Chinese AI company DeepSeek released an open version of its reasoning model R1 at the beginning of this week, many in the tech industry have been making grand pronouncements about what the company achieved, and what it means for the state of AI. Venture capitalist Marc Andreessen, for example, posted that DeepSeek is “one of the most amazing and impressive breakthroughs I’ve ever seen.” R1 seemingly matches or beats OpenAI’s o1 model on certain AI benchmarks. And the company claims one of ...