Lauren Goode: Did Sam say it?
Zoë Schiffer: To his staff.
Lauren Goode: Interesting.
Michael Calore: He also said on X: “I hope he can play.”
Zoë Schiffer: Oh, yes. He was like, “I hope he can compete in the market rather than in court.”
Lauren Goode: Yes. “I hope he can compete by building better products. His life may have come from insecurity,” Sam said in an interview with Bloomberg News. He said he did not consider himself a happy person.
Zoë Schiffer: Oh, my goodness. Is Sam Altman trying to compete to write Elon Musk’s biography? It feels like some Walter Isaacson-level psychology.
Lauren Goode: I have no idea. Zoe, I have to say, I heard you from an earlier episode whenever I see something like this happening in the news, these two guys are battling Openai. . ”
Zoë Schiffer: This is. It’s so confusing. This week, I really had the whole liar back and forth thing. I thought, you guys. I mean, I’m grateful. I love that we can see all of this, but at the same time, there is no Comms team. Wow. Yes, you can say.
Michael Calore: Yes.
Lauren Goode: Now, we might also probably just put it there, and there are critics who think it’s totally advertised and overvalued, and they’ll look at the $157 million valuation, even though it’s based on private funds, and then it’s equated with one A certain valuation, just saying that they are not worth so much. They cannot generate enough revenue in the next three to five years to justify this valuation.
Zoë Schiffer: I mean, these guys have seen Silicon Valley startups before? Do they know how the entire industry works?
Lauren Goode: Yes, just right.
Michael Calore: Well, over the past month or so, a big part of this conversation has been DeepSeek, right? China owns a chatbot competitor to chat.
Zoë Schiffer: Yes. Our boss said, “What do we know about DeepSeek?” We panicked, “Don’t know. What is this? Never heard of it.” But yes, I mean, it’s a startup on site chatbot. It’s basically a model that competes directly with OpenAI’s best inference model, but the company says it trains it on a fraction of the professional GPUs that OpenAI uses, and a fraction of the cost. Again, I think Lauren needs to be aware of. Many people have objected to this. They don’t believe it, but that’s the idea. The market response was very strong. Lauren’s extensive coverage of Lauren, their stock has taken some hit.
Lauren Goode: Yes, it’s a bit popular. I forgot how much billion dollars they had that day. Like, oh. Yes. Suddenly, Jensen Huang was going to apply super editing to his hairstyle. Keep it for one second. Stocks fell after DeepSeek. Yes. IT stocks are said to have fallen about 17% in DeepSeek news, and I haven’t calculated billions of dollars yet, but it’s worth $600 billion. People are very nervous about this, whether or not they can trust information from China is another issue. But, if it is true, then, it shocks the AI market. As a result, I think it’s a week later, and that’s when Openai decided to launch its O3 Minni reasoning model, which doesn’t make much sense for those who don’t pay much attention to this, but it’s a way they say . ,Look, we are raising the boundaries that these smaller models can achieve, and smaller models usually mean cheaper. Apparently, it’s 24% faster than another mini model launched by Openai. Its answers include a 39% reduction in errors. It should do more reasoning. So, I think we’re going to see a lot. I also think we will see some of the large players in AI looking to use the strategic acquisition of smaller AI companies as a fast approach to make their technology quickly and quickly match everything DeepSeek does.
