The Chinese startup is just over a year old, but might have just changed the game for AI.
AI startup DeepSeek was founded in 2023, with its mobile app surging to the top of the iPhone download charts.
Developers around the world are already experimenting with DeepSeek’s software and looking to build tools with it.Chinese AI start-up DeepSeek has rocked the US stock market after demonstrating breakthrough artificial intelligence models that offer comparable performance to the world’s best chatbots at seemingly a fraction of the cost.
The app distinguishes itself from other chatbots like OpenAI’s ChatGPT by articulating its reasoning before delivering a response to a prompt. The company claims its R1 release offers performance on par with OpenAI’s latest and has granted the licence for individuals interested in developing chatbots using the technology to build on it.
“More investment does not necessarily lead to more innovation. Otherwise, large companies would take over all innovation,” Liang said.China’s technology leaders, from Alibaba and Baidu to Tencent, have poured significant money and resources into the race to acquire hardware and customers for their AI ventures.Alongside Kai-Fu Lee’s 01.
“What we want to do is we want to keep it in this country. China is a competitor; others are competitors. We want to be in this country, and we’re making it available,” Trump said at a press conference at the White House.
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