The notion that China’s DeepSeek spent under $6 million to develop its artificial intelligence system is “exaggerated and a little bit misleading,” according Google DeepMind boss Demis Hassabis.

Deepseek's AI model "is probably the best work" out of China, Demis Hassabis said on Sunday, but added it was not a scientific advancement.

Google DeepMind CEO, Demis Hassabis, has commended the AI model of Chinese firm, Deepseek, describing it as "probably the best work" to have surfaced from China. While Hassabis praised DeepSeek's model,

Chinese AI startup DeepSeek’s claim of developing a powerful AI model at a much lower cost than major tech giants like Alphabet’s (GOOGL)

Ahead of the Paris AI Action Summit, Demis Hassabis praised the Chinese startup behind DeepSeek R1 but said the hype around the new AI model was exaggerated.

Google’s Hassabis acknowledged DeepSeek’s accomplishments but described its reported cost-efficiency figures as “exaggerated and a little bit misleading.”

Demis Hassabis, Nobel laureate and head of Google DeepMind, has praised the work behind DeepSeek AI, but called all the hype "exaggerated."

Demis Hassabis, the head of Google 's artificial intelligence (AI) division DeepMind, has taken a dig at the reported development costs of DeepSeek 's AI model. In an interview with Bloomberg Television, Hassabis hinted that the claim of spending less than $6 million on its AI system is "exaggerated and a little bit misleading."

IBM CEO and Chairman Arvind Krishna discusses the impact of DeepSeek throughout the tech industry, the risk of AI regulation stifling innovation, and his company’s focus on quantum computing. He speaks with Bloomberg’s Joumanna Bercetche on the sidelines of the Paris AI Action Summit.