"Tech Prophet" Who Predicted the iPhone Now Predicts...

George Gilder - who predicted the iPhone 17 years early and gave Reagan the first microchip - is making his boldest call yet. He says an American nanotech "super-convergence" could mint more millionaires than any event in recent memory. He's found 3 stocks set to benefit the most.

Did DeepSeek copy ChatGPT? Trump adviser thinks so

MATT O'BRIEN and KELVIN CHAN
January 29, 2025

Did the upstart Chinese tech company DeepSeek copy ChatGPT to make the artificial intelligence technology that shook Wall Street this week?

That's what ChatGPT maker OpenAI is suggesting, along with U.S. President Donald Trump's top AI adviser. Neither has disclosed specific evidence of intellectual property theft, but the comments could fuel a reexamination of some of the assumptions that led to a panic in the U.S. over DeepSeek's advancements.

"There's substantial evidence that what DeepSeek did here is they distilled the knowledge out of OpenAI's models," David Sacks, Trump's AI adviser, told Fox News on Tuesday. "And I don't think OpenAI is very happy about this."

DeepSeek and the hedge fund it grew out of, High-Flyer, didn't immediately respond to emailed questions Wednesday, the start of China's extended Lunar New Year holiday.

OpenAI said in a statement that China-based companies "are constantly trying to distill the models of leading U.S. AI companies" but didn't publicly call out DeepSeek specifically.

OpenAI's official terms of use ban the technique known as distillation that enables a new AI model to learn by repeatedly querying a bigger one that's already been trained. The company has been working with its business partner Microsoft to identify accounts attempting to distill its models and then banning those accounts and revoking their access. Microsoft declined to comment.

OpenAI said it will also work "closely with the U.S. government to best protect the most capable models from efforts by adversaries and competitors to take U.S. technology."

The San Francisco company has itself been accused of copyright theft in lawsuits from media organizations, book authors and others in cases that are still working through courts in the U.S. and elsewhere.

Even before DeepSeek news rattled markets Monday, many who were trying out the company's AI model noticed a tendency for it to declare that it was ChatGPT or refer to OpenAI's terms and policies.

"If you ask it what model are you, it would say, 'I'm ChatGPT,' and the most likely reason for that is that the training data for DeepSeek was harvested from millions of chat interactions with ChatGPT that were just fed directly into DeepSeek's training data," said Gregory Allen, a former U.S. Defense Department official who now directs the Wadhwani AI Center at the Center for Strategic and International Studies.

Such declarations are not necessarily an indication of IP theft -- chatbots are prone to fabricating information. But DeepSeek, despite describing its technology as "open-source," doesn't disclose the data it used to train its model.

"I think that there's a pretty obvious reason for that choice, which is that they harvested ChatGPT for training data," Allen said.

Much about DeepSeek has perplexed analysts poring through the startup's public research papers about its new model, R1, and its precursors.

Among the details that startled Wall Street was DeepSeek's assertion that the cost to train the flagship v3 model behind its AI assistant was only $5.6 million, a stunningly low number compared to the multiple billions of dollars spent to build ChatGPT and other popular chatbots.

The $5.6 million number only included actually training the chatbot, not the costs of earlier-stage research and experiments, the paper said. But the number -- and DeepSeek's relatively cheap prices for developers -- called into question the huge amounts of money and electricity pouring into AI development in the U.S.

DeepSeek was also working under constraints: U.S. export controls on the most powerful AI chips. It said it relied on a relatively low-performing AI chip from California chipmaker Nvidia that the U.S. hasn't banned for sale in China. But in 2022, a social media post from High-Flyer said it had amassed a cluster of 10,000 more powerful Nvidia chips that are now banned in China.

_____

The Associated Press and OpenAI have a licensing and technology agreement that allows OpenAI access to part of AP's text archives.

Continue Reading...

Popular

Average US long-term mortgage rate rises to 6.26%, the third straight increase

The average rate on a 30-year U.S. mortgage edged higher for the third week in a row, though it remains close to its low point this year.

What's Going On With Meta Platforms Stock Thursday?

Meta shares initially popped Thursday following Nvidia's blowout earnings report, but have since reversed course.

America's Defense Future Starts Underground - Ad

A N. American metals project just caught the attention of Rio Tinto - a mining giant. With four projects in key regions, this firm is aligned with Washington's push to rebuild the defense-metal supply chain.

Billionaire Ray Dalio Says Ride The Bubble Until It Bursts

Billionaire investor Ray Dalio says the stock market is in a bubble - but don't sell yet.

Lobster boats must keep using tracking devices for government observation, court rules

PORTLAND, Maine (AP) — The U.S. government can continue requiring America's lobster fishing boats to use electronic tracking devices to collect data, a federal appeals court has ruled, denying claims by some in the industry that the monitoring amounts to

Metals... Not Missles... Is the New Arms Race - Ad

China and Russia control 70% of the world's critical minerals, giving them leverage over the West. One N. American discovery could help shift that balance by developing the metals essential for defense systems.

MacKenzie Scott Has Donated More Than $19 Billion, Yet Her Wealth Grows Faster

MacKenzie Scott, the billionaire philanthropist and ex-wife of Amazon founder Jeff Bezos, has donated a staggering $19.25 billion since 2020.

Schwab: Half Of US Investors May Ditch Other Assets For ETFs — 4 Funds To Watch

Nearly half of ETF investors could go all-ETF within five years, Schwab says. Here's how they're building portfolios with funds like ITOT, BND, and XLK.

Congress to Feature Trump on $100 Bill? - Ad

A shocking new plan was just introduced in Washington; to celebrate Trump's new "golden age" by placing him on the $100 bill. In the months ahead, this former Presidential Advisor predicts the government will release a massive multi-trillion-dollar asset which it has held back for more than a century.

Trump Withdraws Support For 'Wacky' Marjorie Taylor Greene In Sudden, Fiery Split: 'I Can't Take...'

President Donald Trump said he is withdrawing his endorsement of longtime ally Rep. Marjorie Taylor Greene — here's what happened.

Trump's China Tariff U-Turn, Ray Dalio's 'Melt-Up' Warning And More: This Week In Economy

Weekend roundup: Trump's China tariff shift, $17T investment claim, Dalio warns of market melt-up, shutdown hits GDP, Schiff weighs in on Supreme Court review.

Gold Near $4,073. Copper Tight. This Drill Hit Came Just in Time. - Ad

Dual exposure to two surging metals, plus 17.91% CuEq over mineable width, and infrastructure on site - this is what juniors dream of. And the market is just starting to notice.

France threatens to block Shein over sale of childlike sex dolls ahead of Paris store opening

PARIS (AP) — French authorities have warned they may block access to after it emerged that the online fast fashion giant had been selling sex dolls with a childlike appearance.

Zohran Mamdani Says No More Thanking Veterans Today, Forgetting Tomorrow — Trump, Obama And Others Express Gratitude For Service

America's top political and tech leaders — including Donald Trump, Barack Obama, Tim Cook, and Sundar Pichai — marked Veterans Day 2025 with tributes honoring the courage and sacrifice of U.S. service members.

The Market Just Crossed a Dangerous Line - Ad

The man who predicted the 2008 crash and 2020 says today's soaring markets are NOT a bubble - they're something far stranger and more dangerous. He says it's about to change everything you know about money.

Elon's $25 Trillion Confession - Ad

Elon Musk: "Tesla will become a $25 trillion company." That would make Tesla 8x bigger than Apple today. How is that possible? He admits it's all thanks to this one AI breakthrough that will take AI out of our computer screens and manifest a 250x boom here in the real world.

Can Solana Do What Bitcoin Can't? Amplify's New ETF Aims For 36% Income

Amplify ETFs, the issuer known for thematic and income-driven fund products, has just launched the Amplify Solana 3% Monthly Option Income ETF (BATS:SOLM), a first-of-its-kind product combining the growth momentum in Solana (CRYPTO:

Copper and Gold in Scale, Not Just Grade - Ad

This isn't a narrow system. It's a thick, mineralized zone delivering copper and gold together - in a province with infrastructure in place. New drill targets are already being tested.

Indians who fled a Myanmar cyberscam center are being flown home from Thailand

MAE SOT, Thailand (AP) — is repatriating on Thursday the first batch of hundreds of its nationals who last month fled to Thailand from Myanmar, where most had been working at a .

Some Social Security Recipients Won't Have To Wait Until 2026 For COLA Hike

Social Security and SSI recipients will receive a 2.8% cost-of-living adjustment in 2026, with SSI beneficiaries seeing the increase a day earlier due to a federal holiday.

This Is the Type of Drill Hole That Changes Everything - Ad

A 19.5 metre zone returned 6.93% CuEq with a core 6.3 metre interval at 17.91%. The structure is bigger, richer, and more gold-loaded than expected. Drilling is active, and majors are watching.

Bitcoin's Bull Run Is Now At The Fed's Mercy: Here's What That Means

Liquidity shifts from the Federal Reserve could determine whether Bitcoin (CRYPTO: BTC) reverses its downtrend or enters a 2019-style correction.

Trump Signs Law to Launch Dollar 2.0 - Ad

Trump just signed law S.1582, unleashing the biggest money shift in 100+ years. For the first time since 1913, private firms - not the Fed - can mint a "Dollar 2.0." Treasury says it could drain $6.6T from banks and pay 10X current savings rates. Early investors in minting firms could see 40X returns by 2032.

Tempus AI Stock (TEM) Slides 6% Overnight: Here's Why The Stock Is Trending

Tempus AI shares fell 6.02% in after-hours trading Tuesday following its third-quarter earnings report.

Bitcoin's Crash Below $100,000 Isn't The End: Wall Street Vet Says: 'We Have To Get Through This'

For the first time since July, Bitcoin (CRYPTO: BTC) fell below $100,000 on Tuesday as the crypto sell-off saw $1.7 billion in liquidations in 24 hours.

"Tech Prophet" Who Predicted the iPhone Now Predicts... - Ad

George Gilder - who predicted the iPhone 17 years early and gave Reagan the first microchip - is making his boldest call yet. He says an American nanotech "super-convergence" could mint more millionaires than any event in recent memory. He's found 3 stocks set to benefit the most.

IREN Skyrockets After Sealing $9.7 Billion AI Cloud Deal With Microsoft

Pre-market trading sees IREN shares up after securing $9.7B cloud contract with Microsoft, partnering with Dell.

America's Defense Future Starts Underground - Ad

A N. American metals project just caught the attention of Rio Tinto - a mining giant. With four projects in key regions, this firm is aligned with Washington's push to rebuild the defense-metal supply chain.

SharpLink Gaming (SBET) Q3 2025 Earnings Call Transcript

SharpLink Gaming reported third-quarter financial results on Thursday. The transcript from the earnings call has been provided below.

UPS and FedEx grounding MD-11 planes following deadly Kentucky crash

LOUISVILLE, Ky. (AP) — UPS and FedEx will ground their fleets of McDonnell Douglas MD-11 planes “out of an abundance of caution” following a deadly crash at the UPS in Kentucky, the companies announced late Friday.

Metals... Not Missles... Is the New Arms Race - Ad

China and Russia control 70% of the world's critical minerals, giving them leverage over the West. One N. American discovery could help shift that balance by developing the metals essential for defense systems.

Trump Barred From Deploying Oregon National Guard To Portland, Judge Cites State Sovereignty

A federal judge handed down a decisive ruling on Friday, blocking Trump's attempt to send Oregon's National Guard to Portland.

Investigators look into 'repeating bell' heard during takeoff of UPS cargo plane that crashed

LOUISVILLE, Ky. (AP) — A repeating bell sounded in the cockpit for 25 seconds as pilots tried to control a UPS cargo plane that caught fire, had an engine fall off and this week in Louisville, Kentucky, a National Transportation Safety Board member said Friday.

Congress to Feature Trump on $100 Bill? - Ad

A shocking new plan was just introduced in Washington; to celebrate Trump's new "golden age" by placing him on the $100 bill. In the months ahead, this former Presidential Advisor predicts the government will release a massive multi-trillion-dollar asset which it has held back for more than a century.

African Union Rejects Trump's Claims Of Targeted Killings In Nigeria, Warns Against Military Action

The African Union rejected U.S. claims that Nigeria targets Christians, emphasizing the country's constitutional religious freedom and sovereignty.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright systemtrading.ca
Privacy Policy | Terms of Service