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Sam Altman said startups with $10M were 'hopeless' competing with OpenAI

But today the OpenAI boss has posted a thread complimenting the 'impressive' DeepSeek r1.

Several posts on X (and probably other platforms) ridicule the OpenAI boss and co-founder's dismissal of potential competition emanating from the startup scene, particularly those with only limited financial resources in the range of $10 million. The launch of China's DeepSeek has caused significant AI business and tech industry tremors, and Altman has now publicly admitted it is "an impressive model, particularly around what they're able to deliver for the price." Nevertheless, like the funding-hungry CEO he is, Altman quickly turned the thread around to OpenAI promising jam tomorrow, with the execution of the firm's roadmap, amazing next-gen AI models, and "bringing you all AGI and beyond."

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