With DeepSeek R1 matching ChatGPT o1, the o3 release seems inevitable, but that’s because OpenAI already set it that way.

DeepSeek is a Chinese artificial intelligence provider that develops open-source LLMs. R1, the latest addition to the company’s model lineup, debuted last week. The release of the LLM caused a broad selloff in AI stocks that sent Nvidia Corp.’s shares plummeting 17% on Monday, along with many other technology stocks.

After DeepSeek AI shocked the world and tanked the market, OpenAI says it has evidence that ChatGPT distillation was used to train the model.

DeepSeek caused a market tsunami on Monday as investors digested the news that its new R1 model appeared to perform well despite being trained with less sophisticated chips, somet