American entrepreneur Palmer Luckey is not buying a lot of the hype this week over Chinese startup DeepSeek’s artificial intelligence (AI) models and accused the U.S. media of “mindlessly” reporting the company’s claims.
In an exclusive interview Tuesday on FOX Business’ “The Claman Countdown,” Luckey pointed to the widespread reporting on how DeepSeek said it spent only $5 million to train an AI model that is purportedly competitive with some AI models developed in America that cost billions.
Luckey, who sold Oculus to Facebook for billions of dollars and is the founder of defense firm Anduril, noted DeepSeek did not release the full costs of both models it developed, and he accused the media of ignoring that a significant portion of the AI startup’s infrastructure costs are still unknown.
DEEPSEEK IS THE NEWEST FRONT IN THE AI COMPETITION BETWEEN THE US AND CHINA
“I think the problem is they put out that number specifically to harm U.S. companies,” Luckey said. “You …