DeepSeek expands rapidly, offers salaries up to 1.54 million yuan

The Chinese AI startup DeepSeek has gained significant attention following the launch of its R1 AI model, which rivals established competitors at a fraction of the cost, triggering a major sell-off in the US stock market. This model, which employs an efficient 'mixture of experts' training technique, has been downloaded extensively, surpassing ChatGPT in the US App Store. However, concerns regarding security and user data privacy have arisen, especially after Taiwan banned its government agencies from using DeepSeek. The company's rapid expansion includes hiring 52 new positions, with competitive salaries reaching up to 1.54 million yuan per year, showcasing its commitment to advancing Artificial General Intelligence (AGI). The success of DeepSeek has shifted perceptions about China's innovation capabilities, bolstering national morale amid US trade restrictions. Analysts suggest that DeepSeek's achievements may signal a new era in the global tech race, reminiscent of Cold War dynamics.