(Bloomberg) — DeepSeek did more than just show the AI industry you don’t have to spend billions to build artificial intelligence. It fired up a long-dormant Chinese tech industry — and now Western names from OpenAI Inc. to Nvidia Corp. may pay the price.
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Since DeepSeek upstaged OpenAI in January with a powerful model that purportedly cost just several million dollars to build, China’s tech leaders have flooded the market with a rapid succession of…
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https://finance.yahoo.com/news/china-floods-world-ai-models-144650368.html
