DeepSeek's global success received by Chinese with pride and glee
DeepSeek's global success with pride and glee, with some saying the homegrown AI startup's meteoric rise is a sign China is beating back Washington's attempts to contain the country's tech industry.
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DeepSeek last week launched a free AI assistant that it says uses less data at a fraction of the cost of incumbent services. By Monday, it had overtaken US rival ChatGPT in downloads from Apple's App Store, triggering a global selloff in tech shares.
The Chinese company's apparent ability to match OpenAI's capabilities at a much lower cost has posed questions over the sustainability of the business models and profit margins of US AI giants such as Nvidia and Microsoft.
In China, it has raised hopes that the country can successfully resist Washington's export controls targeting access to cutting-edge semiconductors.
«This also symbolises US containment, persecution, and sanctions against China in the field of advanced technology has completely failed,» military affairs commentator Chen Xi wrote on his WeChat account on Wednesday.
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