What Is China's DeepSeek and Why Is It Freaking Out the AI World?
Saritha Rai and Newley Purnell
Updated Mon, January 27, 2025 at 9:23 AM EST 6 min read
(Bloomberg) — DeepSeek, a Chinese AI startup that’s just over a year old, has stirred awe and consternation in Silicon Valley after demonstrating breakthrough artificial-intelligence models that offer comparable performance to the world’s best chatbots at seemingly a fraction of the cost.
DeepSeek’s emergence may offer a counterpoint to the widespread belief that the future of AI will require ever-increasing amounts of power and energy to develop.
Global technology stocks tumbled as hype around DeepSeek’s innovation snowballed and investors began to digest the implications for its US-based rivals and their hardware suppliers.
https://finance.yahoo.com/news/china-deepseek-why-freaking-ai-080636212.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAA4WxZalkqh8DS_i_EHHf3WgF7bfBs458dGRrosU4Qm9GbDzkrJdCg-SZdfkIFks90c_pm0OWCSoLCz4ydcS01XVhcD_8NEeZ4Y5MCdQbiSLYBxiSBOeciey5yWFX5f4oOu7jmNlJkjWvWjwmjqEwB__d1xKtP9D0byDO74cOgPT
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