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Chinese AI startup DeepSeek is rattling markets. Here’s what to know

Chinese AI startup DeepSeek is rattling markets. Here’s what to know
Photo illustration of DeepSeek’s logo on a smartphone screen. – Illustration: Omer Taha Cetin/Anadolu (Getty Images)

A Chinese artificial intelligence startup is rattling Silicon Valley and Wall Street after it demonstrated AI models on par with OpenAI’s — for a fraction of the cost and energy.

At just over a year old, Hangzhou-based DeepSeek released results for its latest open-source reasoning models, DeepSeek-R1, last week. The models showed a comparable performance to…

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https://finance.yahoo.com/news/chinese-ai-startup-deepseek-rattling-171500752.html

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