DeepSeek: The Chinese AI Startup Changing the Stock Market Landscape

Reported 2 days ago

Chinese tech startup DeepSeek is making waves in the stock market with its AI chatbot, which became the most downloaded app on the iPhone despite concerns among U.S. tech analysts about exaggerated claims regarding its capabilities. Founded in 2023, DeepSeek has positioned itself as a competitor to U.S. companies, offering sophisticated AI models at lower costs. This has sparked discussions on the economic competition between the U.S. and China in AI development, raising questions about the implications of DeepSeek's advancements amid ongoing geopolitical tensions.

Source: YAHOO

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