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What is DeepSeek, the Chinese AI startup that shook the tech world?

  • DeepSeek, a China-based AI developer, has gained significant attention for its competitive generative AI capabilities, reportedly surpassing American developers like OpenAI and Meta at lower costs while keeping its models open source.
  • DeepSeek's AI assistant became the most downloaded mobile app in the U.S., U.K., and Canada, reflecting its rapid popularity and interest in its ChatGPT competitor.
  • Experts warn that DeepSeek's rise may reduce demand for chip production and data centers, potentially disrupting the smart chip industry, as noted by Brian Jacobsen, chief economist of Annex Wealth Management.
  • Former President Donald Trump described DeepSeek's advancements as a 'wakeup call' for U.S. Industries, emphasizing the need for America to focus on competing effectively in AI technology.
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Portfolio.hu broke the news in on Monday, January 27, 2025.
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