Beijing embraces DeepSeek to lead AI adoption as it looks for new growth drivers

Beijing embraces DeepSeek to lead AI adoption as it looks for new growth drivers

This week’s news that the DeepSeek Chatbot app, developed by China, was downloaded from the Apple app store significantly more times than the US-developed ChatGPT from Open AI, wiped billions off the global tech market.

Leon Neal | Getty Images News | Getty Images

DeepSeek’s sudden splash in the large language model space has given China a powerful tool to catalyze artificial-intelligence adoption in the country and boost economic growth.

While Goldman Sachs pegs a 20-basis-point to…

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https://www.cnbc.com/2025/02/21/deepseek-led-ai-adoption-offers-china-opportunity-to-boost-growth.html

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