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DeepSeek emerged as the unlikely game changer in US-China AI war.
DeepSeek sent shock waves through the global tech market ahead of the Lunar New Year - sinking the value of semiconductor giant Nvidia and other large companies driving the artificial intelligence (AI) boom - as the Chinese start-up achieved a feat once-considered impossible by Silicon Valley.

The Hangzhou-based firm over the past several weeks released two powerful new AI models, DeepSeek-V3 and DeepSeek-R1, that were built at a fraction of the cost and computing power that major tech companies muster to build large language models (LLMs) - the technology underpinning generative AI services like ChatGPT.

On social media, the AI community expressed admiration for how DeepSeek's two open-source models either surpassed or matched the performance of rival products across a range of industry benchmark tests, in spite of tightened US restrictions on China's access to advanced semiconductors and related technologies.
10 months ago

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