Chinese-made artificial intelligence model DeepSeek has taken the tech world by storm by quickly becoming the most downloaded app on the Apple Store and impressing AI experts. This has led to a sharp decline in the stock prices of companies like Nvidia, which has been the biggest one-day loss in US history.
DeepSeek’s success raises questions about the US’s efforts to contain China’s tech supremacy ambitions and the restrictions on exporting advanced chips to China. The company claims to have built its AI model at a fraction of the cost of industry-leading models like OpenAI, leading to concerns about the future of high-performance chips and the dominance of big-budget companies in the industry.
Founder Liang Wenfeng has brought DeepSeek to the forefront of the AI industry with his innovative approach to developing AI models using a mix of advanced and less sophisticated chips. The company’s success has been celebrated in China as a sign of the country’s growing technological prowess and self-reliance.
However, concerns have been raised about the security and privacy implications of DeepSeek’s model, and doubts have been cast on US companies’ ability to maintain innovation in the face of competition from more cost-effective models like DeepSeek. This has led to market uncertainty and financial losses as investors evaluate the implications of a new player in the AI industry.
Source
Note: The image is for illustrative purposes only and is not the original image associated with the presented article. Due to copyright reasons, we are unable to use the original images. However, you can still enjoy the accurate and up-to-date content and information provided.
