DeepSeek’s release of an artificial intelligence model that could replicate the performance of OpenAI’s o1 at a fraction of the cost has stunned investors and analysts. Markets reeled as Nvidia, a microchip and AI firm, shed more than $500bn in market value in a record one-day loss for any company on Wall Street. Investors feared that DeepSeek challenged the dominance of US AI leaders.
Donald Trump described DeepSeek as a “wake-up call”. In China, DeepSeek’s founder, Liang Wenfeng,…
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https://www.theguardian.com/technology/2025/feb/03/deepseek-chinese-ai-company-competitors-chatgpt