AI
DeepSeek can undercut larger ChatGPT, ace investor Mary Meeker warns
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Artificial intelligence (AI) forerunners like OpenAI could soon face serious competition from cheaper rivals such as China’s DeepSeek, according to renowned Silicon Valley analyst and investor Mary Meeker.
Meeker, an early investor in companies like Meta, Spotify, and Airbnb, told the Financial Times that AI will create “multiple companies worth $10 trillion” — and not all of them will be based in North America. “The wealth creation will be extraordinary. We’ve never had a five-billion-user market that was this easy to reach,” she added.
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