DeepSeek: The Chinese AI App Shaking Up Big Tech's Hold on the Market
A Chinese AI app called DeepSeek has quickly risen to the top of the U.S. App Store charts, causing Wall Street to lose confidence in major tech companies like Apple, Google, and Meta.
A new Chinese AI app called DeepSeek has quickly risen to the top of the App Store charts, posing a challenge to Apple Intelligence and causing major tech stocks to plummet. The app offers similar functionality to ChatGPT but was developed at a fraction of the cost and with resource-efficient training methods, potentially disrupting the market for generative AI services.
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