Two of Australia’s best-known Asia money managers and Platinum Asset Management alumni, Joseph Lai and Jacob Mitchell, said Chinese artificial intelligence disruptor DeepSeek should not be glossed over just because its claim of being radically cheaper is hard to verify.

Dr Lai, who is the chief investment officer behind emerging markets firm Ox Capital, said the start-up’s assertion that it was trained for $US5.6 million ($9 million) had a ring of truth because bots were advancing in sophistication.