Kevin Roose

This is NBC Nightly News, Wednesday, October 17th, reported by John Chancellor.

Good evening.

The Middle East war produced developments all over the world today.

The oil-producing countries of the Arab world decided to use their oil as a political weapon.

They will reduce oil production by 5% a month until the Israelis withdraw from occupied territories.

If the Arab countries keep that pledge, it would reduce their production by almost 50% in one year.

So great to be here.

So great to be here.

So the freakout really started in earnest with a Chinese AI company called DeepSeek. And DeepSeek had released a new AI model. You know, models are released all the time. Generally, they don't make international news. But this model was different in a few ways.

So the freakout really started in earnest with a Chinese AI company called DeepSeek. And DeepSeek had released a new AI model. You know, models are released all the time. Generally, they don't make international news. But this model was different in a few ways.

One of them was that it just appeared to be a really good model, like better than the leading Chinese models at the time and on par or close to on par with the leading American models.

One of them was that it just appeared to be a really good model, like better than the leading Chinese models at the time and on par or close to on par with the leading American models.

And so the DeepSeek app.

And so the DeepSeek app.

Goes to number one on the App Store charts. It vaults ahead of ChatGPT and all these better known apps.

Goes to number one on the App Store charts. It vaults ahead of ChatGPT and all these better known apps.

And the more notable thing, the thing that really caused the American AI industry to start to panic was how cheaply this model appeared to have been built.

And the more notable thing, the thing that really caused the American AI industry to start to panic was how cheaply this model appeared to have been built.

So we think that this model cost DeepSeek about $5.5 million to train. Now, that might sound like a lot of money, but it's really not compared to what many of the American AI companies are spending. Meta said that it was spending $65 billion.

So we think that this model cost DeepSeek about $5.5 million to train. Now, that might sound like a lot of money, but it's really not compared to what many of the American AI companies are spending. Meta said that it was spending $65 billion.