A frenzy over an artificial intelligence chatbot made by Chinese tech startup DeepSeek was upending stock markets Monday and fueling debates over the economic and geopolitical competition between the U.S. and China in developing AI technology.

Summary

Chinese AI startup DeepSeek has disrupted markets with its cost-effective AI chatbot, R1, which rivals U.S. models like OpenAI’s but uses cheaper Nvidia H800 chips.

Founded in 2023, DeepSeek gained attention after releasing an AI model with advanced reasoning capabilities and open-source components.

The company’s rise challenges U.S. AI dominance and export controls, fueling geopolitical debates.

Nvidia’s stock dropped 17%, and analysts suggest the U.S. AI sector faces a “Sputnik moment” in its competition with China.

  • slazer2auEnglish
    2•3 days ago

    Good. Competition is always good.