The European Comission has granted €20 million to STEP, the European consortium that will create the AI model. It will be open source, European regulations-compliant and unlike Deepseek, its dataset will also be open source and will be trained in 35 languages.
Wasn’t DeepSeek v3 trained with single-digit million dollars budget?
Probably not. There’s a lot of reasons to be skeptical of those claimed numbers.
Iirc leaked numbers says something closer to 1 billion USD