Chinese AI model DeepSeek has taken the tech world by storm, quickly becoming the most downloaded app on the Apple Store. Released on 20 January, the app has drawn global attention for its efficiency and cost-effective development, reshaping discussions around artificial intelligence and technology competition.
Unlike its competitors, DeepSeek claims to have been developed using significantly fewer advanced chips, a move that has stunned experts and investors. This innovation caused chip-making giant Nvidia to suffer a historic $600 billion (£482 billion) drop in market value on Monday.
The development has triggered responses from global leaders, with US President Donald Trump calling it a “wake-up call” for American companies to strengthen their competitiveness in the AI race.
DeepSeek’s success raises fresh questions about Washington’s restrictions on exporting advanced chips to China, a key strategy in containing Beijing’s tech ambitions. However, China has doubled down on its focus on artificial intelligence, with President Xi Jinping declaring it a national priority.
Start-ups like DeepSeek are at the forefront of China’s transition from traditional manufacturing to advanced industries, including AI, chips, and electric vehicles, signaling a new era in the global tech race. (NewsWire)
Read More 👇