What Is DeepSeek? The Chinese AI Company Shaking Up the Stock Market
Source: MLADEN ANTONOV / Getty The Chinese AI app DeepSeek has shaken up U.S. stock markets, causing a sell-off in major tech stocks and sparking concerns about the future of America’s dominance in AI. The app’s developers claim to have built the model for a fraction of the cost of other AI giants, prompting skepticism in Silicon Valley. OpenAI, the creator of ChatGPT, reportedly spent $5 billion last year, DeepSeek’s […]