‘DeepSeek shows there is still room for better AI maths’

China’s frugal development of DeepSeek is an outcome to US’ sanctions on supply of AI chips and an answer to American hyperscalers, private equities and AI startups that hoarding monies and chips cannot give them the lead in AI, said Darshan Hiranandani, CEO of Hiranandani Group, leading its real estate, energy, warehousing and data centres business.