Written By
Sanjeev Vekariya
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A new AI model from China, DeepSeek, has outperformed ChatGPT, Gemini, and Claude AI in performance.
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Developed by a Hangzhou-based research lab, DeepSeek was founded in 2023 by Liang Wenfeng, an AI and quantitative finance expert.
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DeepSeek-V3 became the top-rated free app on Apple's App Store in the US, UK, and China, surpassing OpenAI's ChatGPT.
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Its latest version, R1, offers unlimited free usage, cost-efficiency, and an open-source design, making high-performance AI accessible.
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DeepSeek emphasizes affordability and efficiency, leveraging low-cost AI hardware and innovative training methods to rival major players like OpenAI and Meta.
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The model’s open-source approach encourages developers to build on its technology, ensuring broader AI access.
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DeepSeek's success highlights China's ability to innovate despite US semiconductor export restrictions.
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DeepSeek’s rise caused stock drops in major US AI firms like Nvidia, Meta, and Microsoft, signaling increased competition.
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Its cost-effective approach challenges the heavy investments of US tech giants, reshaping global AI strategies.
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DeepSeek's efficiency and accessibility might redefine AI development, fostering competition and innovation worldwide
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