DeepSeek FAQs: Why is everyone talking about China's AI startup and how has it sent shockwaves through global tech?
DeepSeek unveiled a game changing AI model and the company's low-cost and high-performing technology sent shockwaves through Wall Street, erasing $1 trillion from the Nasdaq’s market value.
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US President Donald Trump warned Chinese startup DeepSeek is a wake-up call for America's technology industry. US tech giant Nvidia lost over a sixth of its value after the surging popularity of a Chinese artificial intelligence (AI) app spooked investors in the US and Europe. DeepSeek said on Monday it will temporarily limit registrations because of «large-scale malicious attacks» on its software.
ALSO READ: What is Deepseek, Chinese AI model that rattled Chatgpt, Nvidia and freaked out AI world: Explained in 10 points
Why has DeepSeek has sent shockwaves through global tech? Let's try and understand:
-Chinese AI startup was released on January 10 and quickly impressed AI geeks before it got the attention of the entire tech industry — and the world. DeepSeek is a Chinese AI chatbot reportedly made at a fraction of the cost of its rivals and has already become the most downloaded free app in the US.
-The Chinese AI chatbox's sudden popularity has sent shockwaves in the global tech market. In the US, AI chipmaker Nvidia ended Monday's trading having plunged 16.9% while its rival Broadcom slumped 17.4%. Other tech
