Reported 2 days ago
DeepSeek, a new Chinese AI startup, has emerged as a potential threat to US tech giants' dominance in the AI market, garnering significant attention and early success in the app space. With its R1 model costing less than $6 million to develop, compared to over $100 million for OpenAI's GPT, Wall Street reacts negatively as major tech stocks like Nvidia and Microsoft see sharp declines. The rise of this cheaper alternative raises questions about the necessity of large investments in US AI development and the future of American tech supremacy.
Source: YAHOO