More US Firms Turn to China's DeepSeek over Pricey Silicon Valley AI
8 hours ago
- #AI trends
- #corporate spending
- #Chinese tech
- DeepSeek, a Chinese AI company, has become the top trending software vendor on New York-based Ramp's list, surpassing other platforms.
- U.S. companies are directly paying DeepSeek and sending data to servers in China, indicating a shift to cheaper alternatives to OpenAI and Anthropic.
- The adoption rate for DeepSeek remains low at 0.1%, while market leaders like OpenAI and Anthropic hold much higher shares despite the cost savings appeal.