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.
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