DeepSeek continues to receive high praise, this time from a Nobel laureate. Demis Hassabis, the head of Google’s AI research lab DeepMind, praised the AI model developed by the Chinese startup as “an impressive piece of work.” “I think it’s probably the best work I’ve seen come out of China,” Hassabis reportedly said at an event hosted by Google ahead of the Paris AI Action Summit. He said that DeepSeek’s success is due to “extremely good engineering” and that it “changes things on a geopolitical scale.” Story continues below this ad Last month, DeepSeek claimed that it has developed its open-source, reasoning AI model called R1 at a fraction of the cost of leading AI players and on less-advanced Nvidia chips. The announcement triggered a broader stock sell-off in global markets and sent shock waves across the tech industry. However, Hassabis opined that the hype around DeepSeek has been “exaggerated a little bit.” “Despite the hype, there’s no actual new scientific advance … it’s using known techniques [in AI],” he said. Hassabis also said that …