Reported about 5 hours ago
DeepSeek, a Chinese AI startup, is accelerating the release of its new AI model R2, which follows the notable success of its R1 model that led to a massive sell-off in global equities. This urgency stems from China's push in AI technology, with government backing and increased usage of DeepSeek's models across Chinese enterprises. The company's innovative and cost-effective approach to AI is reshaping market dynamics, posing challenges to U.S. tech dominance and drawing attention from regulators as the AI race heats up internationally.
Source: YAHOO