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

  • Deepseek, a Chinese AI startup, has become the no. 1 downloaded free app on Apple's iPhone store, sparking a stock market frenzy on Monday.
  • The startup's AI assistant is reported to match the generative AI capabilities of U.S. Companies like OpenAI at lower costs.
  • Deepseek's models are open source, raising concerns about the future demand for chip production and data centers in the U.S.
  • Experts believe Deepseek's rise could disrupt the AI narrative that has driven markets in the past two years.
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