What is DeepSeek, the Chinese AI startup shaking up tech stocks and spooking investors?
Entrepreneur Marc Andreessen, known for co-writing Mosaic, one of the world’s first web browsers, wrote Sunday on X that “DeepSeek R1 is AI’s Sputnik moment,” likening it to the space race between the U.S. and the Soviet Union and the event that forced the U.S. to realize that its technological abilities were not unassailable.
DeepSeek, a Chinese AI chatbot, is upending the stock market. Here’s why
The startup DeepSeek was founded in 2023 in Hangzhou, China and released its first AI large language model later that year. Its CEO Liang Wenfeng previously co-founded one of China’s top hedge funds, High-Flyer, which focuses on AI-driven quantitative trading.
AI Daily: DeepSeek limits registrations, sends U.S. tech stocks sliding
Catch up on the top artificial intelligence news and commentary by Wall Street analysts on publicly traded companies in the space with this
Tech stocks fall as China's DeepSeek sparks U.S. worries about the AI race
DeepSeek released an open-source artificial intelligence model in December, saying it took only two months and less than $6 million to create it.
China’s DeepSeek AI app sends U.S. tech stocks reeling
Silicon Valley and Washington leaders said the app shows China can challenge the U.S. The Nasdaq lost 3 percent and chipmaker Nvidia shed $589 billion in market capitalization.
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What is DeepSeek, and why is it disrupting the AI sector?
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