"I think the so-called DeepSeek moment is not about whether China has better AI than the U.S. or vice versa. It's really about the power of open-source," Alibaba Group Chairperson Joe Tsai told CNBC's CONVERGE conference in Singapore earlier this month.
Tsai added that open-source models give the power of AI to everyone from small entrepreneurs to large corporations, which will lead to more development, innovation and a proliferation of AI applications.