OpenAI is in talks for an investment round that would value the AI startup at up to $340 billion, the Wall Street Journal reported on Thursday.

WASHINGTON: ChatGPT creator OpenAI on Wednesday (Jan 29) said that Chinese companies are actively attempting to replicate its advanced AI models, prompting increased security measures and closer cooperation with US authorities.

One possible answer being floated in tech circles is distillation, an AI training method that uses bigger "teacher" models to train smaller but faster-operating "student" models.

Chinese AI firm DeepSeek has given Silicon Valley a wake-up call by launching LLMs that are cheaper yet as effective as OpenAI's models.

Australia's export price index rose 3.6%, while its import price index advanced 0.2% in the fourth quarter of 2024.

India is seeking to build computing capacity of just over 18,000 graphics processing units. Read more at straitstimes.com.

SAN FRANCISCO/BEIJING (Financial Times) -- OpenAI says it has found evidence that Chinese artificial intelligence startup DeepSeek used the U.S. company's proprietary models to train its own open-source competitor, as concerns grow over a potential breach of intellectual property.

Could US rules limiting high-end chip sales to China have fuelled the development of superior AI? Investors say the Chinese start-up should be closely watched.

US stock index futures also tumbled amid concerns DeepSeek’s AI models challenge US AI leadership. Read more at straitstimes.com.

What Happened: DeepSeek R1’s recent launch has fueled comparisons with OpenAI o1 and Meta’s Llama 3.2, particularly in terms of technical specifications and cost advantages, Digit.in reports.

At the event, when asked if an Indian team with a $10 million budget could build a competitive AI model, Altman had said, "We’re gonna tell you it’s totally hopeless to compete with us on training foundation models.

There is a big lesson here for South Korea’s policymakers and tech companies. The country, which lags behind in AI solutions, may stumble into a fresh opportunity to catch up if the government and conglomerates realise it’s not too late to invest in making inroads into the AI battlefield.