Just a week or so ago, a little-known Chinese technology company called DeepSeek quietly debuted an artificial intelligence app. What happened next was anything but quiet.
U.S. technology stocks reeled, losing billions of dollars in value. Why? DeepSeek’s AI was developed and trained on the cheap – just pennies on the dollar compared to the vast sums of money American AI companies have poured into research and development. And experts say DeepSeek appears to be just as good as household…
Article Source
https://news.darden.virginia.edu/2025/01/29/qa-what-is-deepseek-the-bargain-ai-roiling-the-stock-market/
