People across China have taken to social media to hail the success of its homegrown tech startup DeepSeek and its founder, after the company unveiled its newest artificial intelligence model, sending shock waves through Silicon Valley and Wall Street.
The success of DeepSeek’s new AI model points to how China might eventually achieve an even bigger technological breakthrough in the face of US export curbs: Producing its own cutting-edge chips.
For the second time in the last month, a Chinese app has skyrocketed to the top spot in Apple’s App Store. The first was Xiaohongshu, or RedNote, which saw a sudden surge in downloads by United States users seeking an alternative to TikTok in anticipation of the ban on that app,
NVIDIA, the world's most valuable company until Monday, lost $600 billion of market value in a single day, the biggest in US stock history.
U.S. officials are looking at the national security implications of the Chinese artificial intelligence app DeepSeek, White House press secretary Karoline Leavitt said on Tuesday. The National Security Council is reviewing the app's implications,
DeepSeek, an artificial intelligence (AI) research lab in China, has cracked the ‘holy grail of AI models’ by achieving performance at par with the world’s best chatbots at a fraction of the cost. Last week,
This isn’t just about the TikTok precedent here. It’s about reciprocity, considering that China doesn’t allow products like ChatGPT, Gemini, Claude, and Meta AI. Apple Intelligence is also unavailable in China, as Apple has to partner with a local AI provider to release it. By the way, TikTok is also unavailable in China.
NVIDIA (NASDAQ:NVDA) shares bounced back strongly Tuesday following Monday’s DeepSeek-related sell-off, which whipped out a record $589 billion in market value in the AI chip giant. Shares of NVIDIA closed up 8.
SAN FRANCISCO -- Former Google CEO Eric Schmidt described DeepSeek's rise as "a turning point" in the global artificial intelligence (AI) race, according to an op-ed published Tuesday in The Washington Post.
Chinese start-up DeepSeek created a cost-efficient and powerful artificial intelligence model that appears to rival U.S. programs.