Could DeepSeek be the unexpected hero for smartphone users—and the villain for tech giants?
In a dramatic twist that has Silicon Valley scrambling, DeepSeek, a Chinese AI startup, has soared to the top of the iPhone download charts, eclipsing even the renowned ChatGPT. As users worldwide flock to this new app, questions are swirling about its implications for the U.S. tech landscape and the growing might of Chinese innovation. What does this mean for American giants who have long held a monopoly over artificial intelligence technology?
The immediate fallout was seen in the stock market as Asian technology stocks took a tumble following concerns about global investment in AI and the powerful emergence of DeepSeek. Traders are now singing a different tune, bracing for an onslaught of U.S. tech earnings while keeping a wary eye on DeepSeek’s impact. This growing uncertainty has cast a shadow over market prospects, igniting fears regarding demand for critical components such as Nvidia chips that are essential for AI operations.
With DeepSeek shaking the status quo, even Japan's chip stocks felt the tremors, dropping significantly amidst worries over losing technological ground to Chinese firms. Could this mean the dawn of an era where our reliance on U.S. firms like Nvidia is challenged by other players in the global market? The reverberations of DeepSeek’s success could reshape international competition in ways we haven’t quite seen yet.
As if the plot couldn’t thicken any further, analysts are suggesting that DeepSeek’s rise may even challenge America’s strategic leverage through export controls and technology sanctions. As it stands, the potential of this company is causing quite the stir globally, leading some experts to reconsider the depth of U.S. technological dominance in the face of rising Asian competitors.
Fun fact: Did you know that while DeepSeek is gaining traction with its AI Assistant, it’s been developed by a small group of passionate engineers? Talk about David vs Goliath! And in an intriguing twist, over the last few years, China's commitment to AI research and development has skyrocketed, with investments totaling in the hundreds of billions—perhaps it’s time to pay attention!
DeepSeek is stirring doubts in Silicon Valley about the strength of America's lead in artificial intelligence.
Asian technology stocks fell on Monday following concerns over global artificial intelligence investment and the impact of Chinese start-up DeepSeek.
Volatility sets the tone to start the week as market participants reveal some hesitancy ahead of an onslaught of US tech earnings this week.
China's DeepSeek is roiling AI stocks as Wall Street mulls demand for Nvidia chips and huge capital spending by tech industry giants.
Chinese startup DeepSeek's AI Assistant on Monday overtook rival ChatGPT to become the top-rated free application available on Apple's App Store in the ...
Japan's chip-related stocks fall as DeepSeek gained momentum, raising concerns about a challenge to America's global leadership in artificial intelligence.
The recent advances made by China's leading AI company, DeepSeek, show how Washington's export controls risk accelerating Chinese innovation.
Chinese startup DeepSeek's AI Assistant on Monday overtook rival ChatGPT to become the top-rated free application available on Apple's App Store in the ...
Nasdaq futures slumped and technology shares slid in Japan on Monday as surging popularity of a Chinese discount artificial intelligence model wobbled ...
(Bloomberg) -- Chinese artificial intelligence startup DeepSeek rocked global technology stocks Monday, raising questions over America's technological ...
For those who haven't realized it yet, Deepseek-R1 is better than claude 3.5 and better than OpenAI o1-pro, better than Gemini.
Unlike many AI models that require massive computational power, R1 has been designed to perform complex reasoning tasks with significantly fewer resources.
The app has overtaken ChatGPT to become the top free application on Apple's App Store in the UK.
For anyone wanting to train an LLM on analyst responses for DeepSeek, the Temu of ChatGPTs, this post is a one-stop shop. We've grabbed all relevant ...
DeepSeek launched a free, open-source large-language model in late December, claiming it was developed in just two months at a cost of under $6 million.
DeepSeek shows world-beating AI can emerge from smaller budgets if paired with right mix of technical expertise and business acumen.
The announcement of DeepSeek's AI model has triggered a significant market correction in US tech stocks, affecting both the S&P 500 and Nasdaq 100 ...
US stocks were set for a steep selloff Monday morning after a surprise advancement from a Chinese artificial intelligence company, DeepSeek, threatened the ...
SA users are clamouring to use DeepSeek's artificial intelligence (AI) tool, app charts show. The product developed by DeepSeek, an AI lab that has been ...
Chinese startup's $6m product raises doubts about sustainability of western artificial intelligence boom.
Nasdaq futures have briefly been off by more than 4% this Monday. Should the index close down by that magnitude today, it would mark the largest one-day sell- ...
One of the year's most interesting tech stories is in full swing. A Chinese startup called DeepSeek released R1, an open source artificial intelligence (AI) ...
U.S. tech stocks plunged on Monday, amid a wider market selloff. The culprit: DeepSeek, a Chinese artificial intelligence company that last week introduced a ...
US tech stocks were steady on Tuesday after they slumped on Monday following the sudden rise of Chinese-made artificial intelligence (AI) app DeepSeek.
Firstly, American company Nvidia, which makes and supplies computer chips essential for training generative AI, lost $589 billion in market capitalisation (or ...
Tentative rise comes after emergence of cheaper Chinese rival wiped $1tn off the value of leading US tech companies.
Depending on version downloaded, app approaches its answers with preamble of reasoning which it then erases.
Dr Luo Mai, Lecturer in Data Centric Systems at University of Edinburgh, said;. “The DeepSeek team has achieved a significant milestone by releasing an open- ...
Launch of free AI model deepens sell-off in Europe, Japan tech shares.
Chinese startup DeepSeek has debuted an AI app that challenges OpenAI's ChatGPT and other U.S. rivals, sending a shock through Wall Street.
DeepSeek, the China-based developer of a new AI chatbot, knows what 'now-now' means, thinks Pietermaritzburg-born Kevin Pietersen is Howick's greatest ...
What DeepSeek R1's privacy policy reveals about its AI systems deserves close attention and the utmost caution in its use.
Two experts discuss the Chinese AI startup that's causing global turbulence and what they're watching for in the coming weeks.
Liang Wenfeng's DeepSeek is threatening the once unassailable US lead in frontier AI technologies. But who is he?