Demis Hassabis, the CEO of AI corporation DeepMind (left), is receiving the Nobel Prize in Chemistry medal and certificate at the Nobel Prize ceremony held at the Stockholm Concert Hall in Sweden on Oct. 10 of last year.

Demis Hassabis, the chief executive officer (CEO) of Google DeepMind and renowned developer of the board game artificial intelligence (AI) AlphaGo, downgraded the technology of the Chinese AI corporation DeepSeek, noting it is "impressive, but there is no scientific progress."

During a press conference at the 'AI Action Summit' held in Paris, France, on the 9th (local time), CEO Hassabis stated, "DeepSeek's AI model may be the best work to come out of China, but it is merely using known technologies, and there are no new innovations," and added, "It is not a significant technological change and has some exaggerated aspects."

DeepSeek shook up the AI industry last month by claiming that its AI model 'R1' was trained at a significantly lower expense than its competitors while outperforming in certain aspects. Following this announcement, Nvidia's stock price plummeted, greatly impacting the market.

CEO Hassabis noted about DeepSeek's achievements that "the advertisements are somewhat exaggerated," but emphasized, "The entire AI industry is heading toward artificial general intelligence (AGI), which will be a system with all the cognitive abilities of humans." He indicated that "It is expected to take about five years for AGI to be realized, and society needs to prepare for it."

Additionally, he mentioned that the 'Gemini 2.0 Flash' model recently released by Google is more efficient than DeepMind's existing models, highlighting the pace of advancement in AI technology.

Meanwhile, CEO Hassabis gained attention in 2016 through a match against Go master Lee Se-dol, and he was awarded the Nobel Prize in Chemistry last year.

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