OpenAI co-founder Sam Altman hinted at new releases to the community following DeepSeek’s burst into the Artificial Intelligence market. The traction gained by the Chinese AI firm led to a major shake-up across U.S. tech stocks, spilling into a direct crash in Bitcoin and altcoin prices. Although fear looms over the cheaper cost compared to the OpenAI model, Altman highlighted competitive efforts towards better AI models.
We Will Deliver Better Models – Sam Altman
In a recent post on X, Altman lauded DeepSeek’s emergence into the AI space, calling the R1 impressive. A factor that caught the community’s attention was the price: cheaper than the US company’s model. Altman expressed excitement over the new competition, stressing roadmap execution for his firm.
“…we will obviously deliver much better models and also it’s legit invigorating to have a new competitor! we will pull up some releases. But mostly we are excited to continue to execute on our research roadmap and believe more compute is more important now than ever before to succeed at our mission. The world is going to want to use a LOT of ai, and really be quite amazed by the next-gen models coming,” he added.
Mixed reaction trailed the post, with some users restating the high cost and the sharp dip in US tech stocks. Generally, AI enthusiasts express delight in the competition and look forward to new OpenAI releases. AI adoption continues to soar globally as most companies integrate solutions into production.
The boom also led to a fresh inflow into AI coins in the crypto market. Recently, Donald ***** pledged to make the United States the global AI and crypto capital as efforts intensify in other jurisdictions.
Impact On Crypto Markets
The recent US stock market shake-up led to a similar negative outlook in the crypto prices. Bitcoin price slipped below $99k before a rebound above the $100k mark. The last 48 hours saw huge inflows to centralized exchanges as whales dumped tokens to limit losses. Movement to centralized exchange points to crypto sales due to ease of transfers, while outflows point to long-term holdings.
The last few hours have seen positive spikes in the market, especially across defi volumes and altcoins. As bulls seek to regain lost ground, digital asset analysts suggest caution due to present macro conditions. Meme coins are traded in the same direction, with top assets recording whale inflows.