But the new app took the world by storm, as many in the tech community marveled at how DeepSeek functioned at a fraction of the cost of other large language models like OpenAI’s ChatGPT and Google’s Gemini.

DeepSeek, a Chinese AI startup founded less than a year ago, has introduced its breakthrough AI model, DeepSeek R1, which is gaining attention for its performance and cost-efficiency, Reported CNN/ The model has nearly the same capabilities as other leading AI systems,

U.S. equity markets are set to open deep in the red as investors begin to digest the significance of DeepSeek’s AI reasoning model R1.

The Chinese AI firm’s new model is rattling the tech industry and the stock market. Here’s some of the smart commentary on why.

DeepSeek’s low-cost innovation could reshape how AI models are developed, challenging industry norms and igniting a global conversation about the accessibility of high-performance AI.

The emergence of the Chinese AI model spurred a Wall Street selloff of some of the biggest names in tech on Monday The post DeepSeek Damage: Google, Microsoft Take Stock Hit on AI Fears appeared first on TheWrap.

DeepSeek R1, the surprisingly efficient and powerful Chinese AI model, has taken the technology industry by storm and is rattling nerves on Wall Street.

Marc Andreessen, a prominent tech investor, called DeepSeek's breakthrough "AI's Sputnik moment." The company claims it spent just USD 5.6 million powering its base AI model, a stark contrast to ...

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DeepSeek AI is a new open source AI model out of China that claims to be outperforming OpenAI, Google and Meta.

President Trump announced plans for billions of dollars in private-sector investment to strengthen artificial intelligence infrastructure in the United States. The initiative underscores his commitment to maintaining American leadership in AI research and industrial innovation.

Entrepreneur Marc Andreessen, known for co-writing Mosaic, one of the world’s first web browsers, wrote Sunday on X that “DeepSeek R1 is AI’s Sputnik moment,” likening it to the space race between the U.S. and the Soviet Union and the event that forced the U.S. to realize that its technological abilities were not unassailable.