Forget TikTok—DeepSeek is the real deal. VCG via Getty Images Timing really is everything. A week on from TikTok’s short-lived ban over fears of Chinese harvesting U.S. data, despite consistent denials from the platform and its parent that it’s doing anything of the sort, here comes another app that admits to doing exactly that. And…
DeepSeek is an artificial intelligence research lab based in Hangzhou, China. Its AI model DeepSeek-R1, which was released in early January, has topped the iPhone download chart in the US, leaving behind the industry giant OpenAI’s ChatGPT. Last Updated : 28 January 2025, 02:48 IST Source link
Vivek Ramaswamy, the Indian-American entrepreneur and former member of DOGE backed by Donald Trump, said that the slump in US markets following the launch of Chinese AI model DeepSeek was a ‘Sputnik moment’. On Monday, the US market crashed, especially the Big Tech stocks such as Nvidia, which reported 17% fall, while the Nasdaq composite…
Topline The release of a less capital-intensive artificial intelligence model from China’s DeepSeek sent a chill through the U.S. stock market Monday, initiating a massive selloff led by Nvidia and hitting billionaires where it hurts—their fortunes. Monday was a brutal day for American big tech stocks. Getty Images Timeline Jan. 27, 4:20 p.m. ESTThe DeepSeek-driven…
The US markets got a loud wake-up call on Monday when shares of major US artificial intelligence and semiconductor companies slumped on a wave of fear that Chinese companies were poised to surpass them in the high-stakes battle for supremacy. Analysts were divided on whether the panic selling and sentiment behind it were an overreaction…
There’s an epic scene in Gangajaal , the cult classic movie made by Bollywood director Prakash Jha where Ajay Devgn’s character SP Amit Kumar chews out Inspector Bachcha Yadav who appears to be an extremely diligent officer who follows the forces of law and order until it comes to cases of the Yadav family where…
The rise of little-known Chinese tech start-up DeepSeek has exposed weaknesses in America’s “small yard, high fence” strategy to contain China’s technological progress, according to experts. The company’s success has also signalled an intensifying competition between the US and China to win over the brightest AI minds, they said, while noting that China may still…
Chinese artificial intelligence (AI) start-up DeepSeek’s chatbot app has dethroned OpenAI’s ChatGPT to claim the top spot on the US iOS App Store, a development that could potentially change the AI landscape due to its open-sourced approach. DeepSeek’s namesake AI chatbot, which was released in the US App Store on January 10 and is free…
Perplexity releases an assistant for Android phones. OpenAI’s Operator AI agent can “go to the web to perform tasks for you”. Meta’s AI ambitions include a massive data center. Google Gemini now understands your smart home. These artificial intelligence (AI) developments in recent days, would have been significant in isolation and as a collective. Except…
Image: Getty Images/ For illustrative purposes US stock futures and Asian shares outside China slumped on Monday as investors weighed the implications of Chinese startup DeepSeek’s launch of a free, open-source artificial intelligence model to rival OpenAI’s ChatGPT. Meanwhile, the dollar rose after US President Donald Trump threatened Colombia with retaliatory levies and sanctions for…