Nvidia's market value dropped more than $500bn after the emergence of DeepSeek - a low-cost chatbot built by a Chinese AI firm.

Competing with OpenAI’s o1, DeepSeek’s models scored higher on benchmarks and disrupted the AI market, sparking debates on ...

DeepSeek’s latest models, created by a small company with limited resources, are already beating many of the leading AI ...

Silicon Valley and Washington leaders said the app shows China can challenge the U.S. The Nasdaq lost 3 percent and chipmaker ...

A company called DeepSeek said it had developed a large language model that can compete with U.S. AI giants but at a fraction ...

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The startup DeepSeek was founded in 2023 in Hangzhou, China and released its first AI large language model later that year.